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AMMO, Inc. Announces $51 Million Revenue Projection for Fiscal Second Quarter 2022- Possible gummy!
AMMO, Inc.
Thu, July 15, 2021, 8:30 AM
SCOTTSDALE, AZ, July 15, 2021 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW & POWWP) (“AMMO” or the “Company”), a leading vertically integrated producer of high-performance ammunition and components and operator of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries today announced that it anticipates reporting revenue of at least
$51 million for its fiscal second quarter ending September 30, 2021, a year-over-year increase of more than 400%.
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Our improved outlook reflects strong demand across our entire portfolio of high-performance products and continued momentum in the GunBroker.com business we recently acquired,” said Fred Wagenhals, AMMO’s Chairman & CEO. “We continue to execute well against our growth strategy, expanding capacity and making progress on the GunBroker.com integration.”
About AMMO, Inc.
With its corporate offices headquartered in Scottsdale, Arizona. AMMO designs and manufactures products for a variety of aptitudes, including law enforcement, military, sport shooting and self-defense. The Company was founded in 2016 with a vision to change, innovate and invigorate the complacent munitions industry. AMMO promotes branded munitions as well as its patented STREAK™ Visual Ammunition, /stelTH/™ subsonic munitions, and armor piercing rounds for military use.