Byrna Technologies Reports Q2 Revenue Decline Amid Operational Reset
Byrna Technologies reported a significant year-over-year revenue decline to $16.4 million from $28.5 million, driven by weaker e-commerce traffic and slower retail reorders. The company also recorded a net loss of $10.1 million due to one-time charges related to facility closures.
Tickers: $BYRN
Topics: acquisition net_loss revenue_decline turnaround_strategy