Byrna Technologies, Inc. (BYRN) Q4 2021 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings and welcome to the Berna Technologies Fiscal Year-End 2021 Earnings Conference Call and Webcast. As a reminder, this conference call is being recorded and all participants are on a listen-only mode. Before turning the call over to Brian Gans, Berna Technologies Chief Executive Officer, I will read the Safe Harbor Statement. Some discussions made today may 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 obligations 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 investor section of our website, ir.berna.com, for further information regarding forward-looking statements and reconciliations of non-GAAP results to GAAP results. I will now turn the call over to Mr. Brian Gantz. Thank you, sir. Please go ahead. Thank you very much. Good morning, everyone. Thank you for joining us for Berna's 2021 fourth quarter and full year earnings call. David North and I will be discussing our Q4 and full year 2021 results. And I will also be taking this opportunity to update everyone on our progress to date this quarter. During 2021, Berna achieved a number of significant milestones. We beat our quarterly and yearly guidance for fiscal year 2021, posting Q4 sales of 11.2 million and full year 2021 sales of 42.2 million. While this was only slightly higher than the same period last year, up just 1.2%, Orders received during the quarter increased by 57.4% to $12 million, up from 7.6 million in fiscal ...