Connect with us

Hi, what are you looking for?

Investing

Ammo Swings to Loss, Revenue Plummets in 4Q

By Denny Jacob

Ammo Inc. swung to a loss and posted a sharp decline in revenue, reflecting low-prioritization among consumers to spend on guns and ammunition amid a challenging economy.

The ammunition maker swung to a loss of $2.94 million, or 3 cents a share, for the fourth quarter ended March 31, from net income of $527,397, or breakeven…

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Videos

Watch full video on YouTube

Videos

Watch full video on YouTube

Videos

Watch full video on YouTube

Videos

Watch full video on YouTube