Byrna Technologies Reports $1.1M Backlog; MYO Aims for Revenue Growth in 2026
Byrna Technologies, Inc. reported a first-quarter backlog of approximately $1.1 million, signaling improved shipment timing. New CEO Conn Davis is focused on enhancing brand awareness and non-lethal self-defense innovations. Byrna has a market cap of $271.83 million and a 31.6% three-year revenue growth rate. MYO is targeting revenue growth through patient source expansion in the U.S. and Germany, aiming to reduce cash burn by 50% in 2026. MYO's Q4 revenue was $11.4 million, exceeding expectations, despite ongoing profitability challenges.
Theia Market Signal Identification - AI Assisted
Byrna Technologies, Inc. ended the first quarter with a backlog of approximately $1.1 million, up slightly due to shipment timing. CEO Conn Davis, appointed on March 3, 2026, is focused on brand and product awareness in the non-lethal self-defense sector.
Byrna's three-year revenue growth rate is 31.6%, with a gross margin of 60.51% and a net margin of 8.2%. MYO aims to increase revenues in 2026 through expanded patient sources in the U.S. and Germany, targeting a 50% reduction in cash burn.
MYO reported $11.4 million in Q4 revenue, exceeding consensus estimates, but faces profitability challenges, with a net margin of -28.86%. The Altman Z-Score for both companies indicates varying financial health risks.
Comments