Byrna Q3 revenue falls 43% to $7.1M; net loss widens to $4.1M

Byrna Technologies Inc.

2024-Q3 EPS reported -$0.34 revenue$27,004,000

Net revenue $7.1M vs $12.4M YoY; net loss $(4.1)M vs $(1.5)M; Adj. EBITDA $(2.4)M vs $0.3M.
Gross margin 45% vs 55%; includes $0.6M inventory write-down and reserve charges.
Revenue hit by Meta/Google advertising bans and lower international sales to South Africa, Asia, Latin America.
Operational: partnered with Sean Hannity driving 94% web traffic increase; launched Byrna LE on Amazon ($8,924/day).
Sold 1,000 launchers to Cordoba Provincial Police and 500 to City of Buenos Aires; premier dealer count 16.

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