AMMO Inc. (POWW) Misses Q2 EPS by 1c, Cuts FY Guidance

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AMMO, Inc. Reports Second Quarter 2023 Financial Results

November 14, 2022 4:05 PM EST

SCOTTSDALE, Ariz., Nov. 14, 2022 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW, POWWP) (AMMO or the Company), the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, today reported results for its second quarter of fiscal 2023, ended September 30, 2022.

Second Quarter Fiscal 2023 vs. First Quarter Fiscal 2022

 Net Revenues decreased 21% to $48.3... More