India, Oct. 8 -- Byrna Technologies Inc. (BYRN), a personal defense solutions provider, on Thursday posted a net loss for the third quarter of fiscal 2026, hurt by increased expenses and decreased revenue.
For the three-month period to August 31, the company posted a net loss of $2.911 million, or $0.13 per share, compared with a net income of $2.235 million, or $0.09 per share in the same period last year. Loss from operations stood at $2.930 million as against an operating income of $2.863 million a year ago. Operating expenses moved up to $15.084 million from $14.059 million in the previous year.
Net revenue was $15.296 million, down from $28.179 million in the prior year. This decrease reflects a decline in e-commerce sales and slower...