BUZZ-Byrna Technologies rises after swinging to profit in Q4

Reuters

02-07

BUZZ-Byrna Technologies rises after swinging to profit in Q4

** Shares of self-defense equipment maker Byrna Technologies BYRN.O up 5% at $28.90

** BYRN records profit of 43 cents per share vs loss of 4 cents per share a year earlier

** Co posts quarterly net revenue of $28 mln as compared with $15.6 mln in the prior year

** Signed LOI to launch a pilot store-within-a-store program at eleven Sportsman's Warehouse locations, expanding co's retail footprint

** Four out of 5 brokerages rate the stock "buy" or higher and 1 "hold"; their median PT is $27.75 - data compiled by LSEG

** Stock up ~350% in 2024

(Reporting by Rishab Shaju in Bengaluru)

((Rishab.Shaju@thomsonreuters.com;))

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