Byrna Technologies Inc. (BYRN), a company specializing in personal security solutions, announced on Friday a net income of $9.67 million, or $0.41 per share, for the fourth quarter. This marks a significant improvement compared to the net loss of $1.03 million, or $0.04 per share, reported during the same period last year.
The company's net revenue for the quarter saw a rise to $27.98 million, up from $15.64 million in the fourth quarter of the previous year.
Analysts had anticipated the company would report earnings of $0.05 per share on revenues of $28.0 million for the quarter. It is important to note that analysts' projections generally do not take special items into account.
