Byrna Technologies Full Year 2023 Earnings: Beats Expectations
Byrna Technologies (NASDAQ:BYRN) Full Year 2023 Results
Key Financial Results
Revenue: US$42.6m (down 11% from FY 2022).
Net loss: US$8.19m (loss widened by 3.9% from FY 2022).
US$0.37 loss per share (further deteriorated from US$0.35 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Byrna Technologies Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 8.0%. Earnings per share (EPS) also surpassed analyst estimates by 9.8%.
Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Aerospace & Defense industry in the US.
Performance of the American Aerospace & Defense industry.
The company's shares are up 26% from a week ago.
Risk Analysis
We should say that we've discovered 2 warning signs for Byrna Technologies that you should be aware of before investing here.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
