BUZZ-Byrna rises on preliminary quarterly revenue beat, eyes record fourth-quarter

Reuters
09/05
BUZZ-Byrna rises on preliminary quarterly revenue beat, eyes record fourth-quarter

** Shares of self-defense equipment maker Byrna Technologies BYRN.O rise about 3% to $20.88

** Company's preliminary Q3 revenue of $28.2 mln, exceeds analysts' estimates of $27.1 mln, according to data compiled by LSEG

** BYRN reports year-over-year revenue growth, driven largely by strong dealer and chain store sales

** Company believes it has the potential to set a new revenue record in Q4

** "‍During final ten days of August, online conversion rate climbed 57% compared to prior 10-day period, reaching 0.9%. This drove sales up 47% even as sessions held steady at an average of about 56,000 per day" - CEO Bryan Ganz

** YTD, the stock has fallen about 27%, including session's moves

(Reporting by Krisha Bhatt)

((Krisha.Bhatt@thomsonreuters.com;))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10