AMMO: Q2 Earnings Insights

AMMO (NASDAQ:POWW) reported its Q2 earnings results on Thursday, November 9, 2023 at 04:05 PM. Here’s what investors…

AMMO (NASDAQ:POWW) reported its Q2 earnings results on Thursday, November 9, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

AMMO missed estimated earnings by 100.0%, reporting an EPS of $0.0 versus an estimate of $-0.02.

Revenue was down $13.92 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 2.45% increase in the share price the next day.

Here’s a look at AMMO’s past performance:

Quarter Q1 2024 Q4 2023 Q3 2023 Q2 2023
EPS Estimate -0.02 -0.01 -0.01 0.04
EPS Actual 0.05 0.03 0.05 0.05
Revenue Estimate 38.95M 37.18M 54.24M 63.59M
Revenue Actual 34.26M 43.68M 38.71M 48.29M

To track all earnings releases for AMMO visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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