Byrna Technologies, Inc. (BYRN) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. Welcome to Berna's fiscal second quarter 2026 earnings conference call. My name is Rob and I'll be your operator for today's call. Joining us for today's presentation are the company's CEO, Conn Davis, and CFO, Laurilee Kearnes. Following their remarks, we will open the call to questions. Earlier today, Berna released results for its fiscal second quarter ended May 31st, 2026. A copy of the press release is available on the company's website. Before turning the call over to Conn Davis, Berna Technologies' Chief Executive Officer, I'll read the Safe Harbor Statement. Some discussions held today include forward-looking statements. Actual results could differ materially from the statements made today. Please refer to Berna's most recent 10-K and 10-Q filings for a more complete description of risk factors that could affect these projections and assumptions. The company assumes no obligation to update forward-looking statements as a result of new information, future events, or otherwise, as this call will include references to non-GAAP results, Please see the press release in the Investors section of our website, ir.brna.com, for further information regarding forward-looking statements and reconciliations of non-GAAP results to GAAP results. Now I'd like to turn the call over to Brna CEO, Conn Davis. Sir, please proceed. Thank you, Operator, and thank you, everyone, for joining us today. Q2 came in below our expectations, with revenue of $16.4 million, and did not reflect the level of performance we believe Berna can deliver. We entered the quarter knowing it would represent the beginning of a transition period as we worked to improve direct-to-consumer conversion, retail productivity and the discipline and structure of our operations. The quarter ultimatel...