By Elias Schisgall

Shares of Byrna Technologies rose after the company said it was boosting its monthly manufacturing capacity by 33% to meet rising demand and raising prices for the first time in years.

The stock opened Thursday up 4.3% to $12.75. Shares have fallen 52% over the past 12 months.

The personal defense technology company on Thursday reported a profit of $3.36 million, or 14 cents a share, compared with a profit of $9.67 million, or 41 cents a share, a year earlier. Analysts polled by FactSet were expecting 16 cents a share.

Revenue rose 26% to $35.2 million, up from $28 million a year earlier. The company said revenue was driven up by higher dealer and chain store performance, as well as growing sales on Amazon and from international channels.

"The comparison also reflects growth over a particularly strong fiscal fourth quarter of 2024, when demand was elevated 78% year-over-year due to the uncertainty surrounding the U.S. election," the company said.

Chief Executive Officer Bryan Ganz said that rising demand for the company's products prompted Byrna to boost capacity and implement a price hike.

"To meet demand, we are increasing monthly production capacity by 33%, and implementing our first strategic price increase in several years to support margin expansion," Ganz said.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

February 05, 2026 09:44 ET (14:44 GMT)

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