POWW missed EPS expectations by 128.76%
Aug 08, 2024, 11:34 PM
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What does POWW do
Ammo, Inc., based in Scottsdale, Arizona with 342 employees, designs and manufactures ammunition for law enforcement, military, and personal defense, and owns GunBroker.com, an online firearms and shooting sports marketplace. The company, which went public on 2021-05-21, operates through two segments: Ammunition, focusing on production and distribution across various channels including direct sales and wholesale, and Marketplace, primarily involving GunBroker.com's auction-based sales of firearms and accessories.
AMMO (POWW) reported a negative EPS surprise in its most recent quarterly earnings. For the most recent quarter, AMMO's actual EPS was -$0.07, missing the estimate of -$0.03 per share, resulting in a -128.76% surprise.
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