Byrna Technologies is trading at $4.32, up 6.54%, alongside Q3 results showing adjusted gross margin improved to 64.5%.
- Revenue was $15.3 million, down approximately 46% year over year, amid weaker e-commerce sales and slower dealer and chain-store reorders.
- Adjusted gross margin rose from 60.1% a year earlier.
- Management expects sequential improvement toward fiscal year-end and inventory normalization; no specific Q4 financial guidance was provided. The release did not explicitly attribute the live share move to earnings.