Byrna Technologies Q2 EPS $(0.05) Misses $0.01 Estimate, Sales $11.51M Miss $12.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Byrna Technologies reported Q2 losses of $(0.05) per share, missing the analyst consensus estimate of $0.01 by 600 percent. The company also reported quarterly sales of $11.51 million, missing the estimate of $12.00 million by 4.08 percent. This represents a 0.94 percent decrease over sales of $11.62 million the same period last year.
July 11, 2023 | 12:07 pm
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NEGATIVE IMPACT
Byrna Technologies' Q2 earnings and sales missed estimates, which could negatively impact the stock price in the short term.
Byrna Technologies reported lower than expected earnings and sales for Q2. This underperformance could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100