SmarterAnalyst
What Do AMMO’s Newly Added Risk Factors Mean for Investors
Scottsdale, Arizona-based AMMO, Inc. (POWW) produces and sells ammunition products. It serves military, law enforcement, sport shooting, and self-defense markets. AMMO recently acquired GunBroker, a leading online marketplace for firearms. Fiscal 2021 First-Quarter Outlook On July 8, AMMO announced an update to its Fiscal 2022 first-quarter earnings guidance. It said it now expects to report revenue of $44 million for the quarter ended June 30, which would represent a 354% year-over-year growth.
