Overview
Ammo fiscal Q2 revenue flat yr/yr at $11.98 mln, beating analyst expectations
Net income from continuing operations reaches $1.40 mln, first profit after net losses
Adjusted EBITDA for fiscal Q2 improves to $4.91 mln from $3.95 mln
Outlook
Company expects legal and professional service expenses to gradually decline
Company focuses on operational efficiency, margin expansion, and digital innovation
Company prioritizes initiatives to enhance platform monetization and user experience
Result Drivers
OPERATIONAL STREAMLINING - Co attributes improved results to streamlining operations and reducing costs
PLATFORM ENHANCEMENTS - Upgrades to GunBroker.com increased user engagement and monetization
TRANSITION TO E-COMMERCE - Co completed transition to pure-play e-commerce model, focusing on GunBroker.com
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Beat | $11.98 mln | $11.20 mln (2 Analysts) |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the recreational products peer group is "buy"
Wall Street's median 12-month price target for Outdoor Holding Company is $1.70, about 4.1% above its November 7 closing price of $1.63
Press Release: ID:nGNX8NqLsw
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)