Byrna Q3 revenue $20.9M (+194% YoY); turns profitable with net income $1.0M

Byrna Technologies Inc.

2024-Q3 EPS reported $0.14 revenue$57,777,000

Revenue $20.9M, up 194% from $7.1M in Q3 2023; gross margin 62.4% vs 44.6%.
Net income $1.0M vs loss of $4.1M; adjusted EBITDA $1.9M vs -$2.4M.
Cash $20.1M, no debt; repurchased $3.0M stock at avg $10.25.
Added Mike Huckabee as endorser; expanded to 137 Bass Pro/Cabela's stores.
International: initial Uruguay order 400 launchers; 1,000 launchers deployed at Argentina airports.

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