Ammo, Inc. Provides Earnings Guidance for the Second Quarter and Third Quarter of Fiscal 2022
August 16, 2021 at 04:05 pm EDT
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AMMO, Inc. provides earnings guidance for the second quarter and third quarter of fiscal 2022. The company is reiterating expectation for second quarter fiscal 2022 revenue of at least $51 million. The company estimate third quarter fiscal 2022 revenue will be approximately $60 million.
AMMO, Inc. is a vertically integrated producer of ammunition and components. The Company is the owner of GunBroker.com, which is an online marketplace serving the firearms and shooting sports industries. The Company operates through two segments: Ammunition and Marketplace. The Ammunition segment consists of the Companyâs manufacturing business. The segment is engaged in the designing, production and marketing of ammunition and ammunition component products. The Companyâs core ammunition business is vertically integrated with multi-channel distribution, including direct-to-consumer, wholesale, military and law enforcement customers. Its product offering encompasses approximately 60 items, including STREAK Visual Ammunition, a patented technology. The Marketplace segment consists of the GunBroker.com marketplace. In its role as an auction site, GunBroker.com supports the sale of firearms, ammunition and hunting/shooting accessories.
AMMO, INC. 
