AMMO: Bleak Q4 Profitability, Glimpse Into Growth As Sequential Revenues Improve
AMMO reported Q4 results with weaker-than-expected profitability, leading to a sell-off of -29% on Friday. Sequential growth in Q4 revenues were great, led by a great increase in ammunition sales, but weakened by GunBroker revenues. The stock continues to overvalue cash flow prospects as the future margin outlook is now weaker, and a lawsuit acts as a significant risk to shareholders.
AMMO, Inc. (POWW) Q4 Earnings Miss Estimates
AMMO, Inc. (POWW) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.03 per share a year ago.
AMMO, Inc. (POWW) Q4 2024 Earnings Call Transcript
AMMO, Inc. (NASDAQ:POWW ) Q4 2024 Earnings Conference Call June 13, 2024 5:00 PM ET Company Participants Scott Arnold - Senior Managing Director, CoreIR Jared Smith - Chief Executive Officer Rob Wiley - Chief Financial Officer Conference Call Participants Matt Koranda - Roth MKM Mark Smith - Lake Street Operator Ladies and gentlemen, thank you for standing by. Good afternoon and welcome to the AMMO, Inc. Fourth Quarter and Fiscal Year 2024 Earnings Call.
