Welcome to our dedicated page for Outdoor Holding Company news (Ticker: POWWP), a resource for investors and traders seeking the latest updates and insights on Outdoor Holding Company stock.
Outdoor Holding Company 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (NASDAQ: POWWP) is a preferred equity security issued by Outdoor Holding Company, the parent and operator of GunBroker.com. This news page aggregates company announcements, earnings releases, regulatory updates and other material events that can affect perceptions of the issuer behind POWWP.
Outdoor Holding Company describes itself as the publicly traded parent of GunBroker.com, which it calls the largest online marketplace dedicated to firearms, hunting, shooting and related products. Recent news has highlighted the company’s transition into a pure-play e-commerce marketplace operator following the sale of its ammunition manufacturing business, as well as corporate restructuring and operational streamlining efforts tied to that shift.
Investors following POWWP can use this news feed to review earnings reports, conference call announcements, preferred stock dividend declarations, share repurchase authorizations, and disclosures about compliance with Nasdaq listing rules. The company’s communications also cover governance developments, such as board changes, auditor transitions and proxy proposals, along with legal and regulatory matters, including the settlement of an SEC investigation and court decisions relating to GunBroker.com’s status as an online marketplace.
Because POWWP represents a preferred interest in Outdoor Holding Company, developments affecting the company’s financial condition, governance, internal controls and marketplace operations are relevant to understanding the context in which the preferred stock exists. This page provides a centralized view of such developments by organizing news releases and related information about Outdoor Holding Company and its GunBroker.com platform.
AMMO, Inc. (Nasdaq: POWW, POWWP) has authorized a share repurchase program for up to $30 million of its outstanding common stock. The CEO, Fred Wagenhals, emphasized this decision as a commitment to increasing shareholder value while allowing the company flexibility in deploying cash flow. The repurchase can be executed at the company’s discretion based on market conditions and is expected to commence following the financial results for the 2022 3rd quarter. This initiative indicates AMMO's confidence in its growing revenues and strong balance sheet.
AMMO, Inc. (Nasdaq: POWW) announced it will release its fiscal Q3 2022 financial results on February 14, 2022, after market close. A conference call for investors will follow at 5:00 p.m. EDT. The company, recognized for its high-performance ammunition and components, emphasizes innovation within the munitions industry. Reports are anticipated to include key metrics related to earnings and revenue, providing insights into the company's performance and future direction.
AMMO, Inc. (Nasdaq: POWW, POWWP) has reiterated its revenue guidance of $250 Million for the fiscal year ending March 31, 2022, citing robust demand in the ammunition market. CEO Fred Wagenhals emphasized the company's continued success with year-over-year revenue growth from GunBroker.com, the largest online firearms marketplace. The company is also set to open a new state-of-the-art plant in Wisconsin to meet increasing demand. Operating expenses are reportedly decreasing through enhanced technology and operational efficiencies.
AMMO, Inc. (Nasdaq: POWW, POWWP) announced that CEO Fred Wagenhals, President Rob Goodmanson, and CFO Rob Wiley will join a virtual fireside chat at the 2022 ICR Conference on January 11, 2022, at 4:00 p.m. ET. The live webcast can be accessed via the Company’s Investor Relations website, with an archived replay available afterward. AMMO, based in Scottsdale, Arizona, specializes in high-performance ammunition and owns GunBroker.com, the largest online firearms marketplace.
AMMO, Inc. (Nasdaq: POWW, POWWP) announced it will present at the Emerging Growth Conference on January 5, 2022, at 2:00 PM ET. This event allows shareholders and the investment community to interact with the Company in real-time for 30 minutes. Registration is available online, and an archived webcast will be accessible post-event. The conference aims to showcase companies with innovative products and strong growth potential to a broad audience of investors.
AMMO designs and manufactures high-performance ammunition and components, and owns GunBroker.com, the largest online firearms marketplace.
AMMO, Inc. (Nasdaq: POWW, POWWP) has announced that holders of its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock will receive a cash dividend of $1.0148 per share. This dividend will be paid on December 15, 2021 for shareholders of record as of the close of business on November 30, 2021. The company continues to innovate in the ammunition industry and operates GunBroker.com, the largest online firearms marketplace.
AMMO, Inc. (Nasdaq: POWW, POWWP) reported a record net revenue of $61.0 million for Q2 fiscal 2022, a remarkable 408% increase year-over-year. The company achieved a diluted EPS of $0.11, up from a loss of $0.05, and an adjusted EPS of $0.17, compared to a loss of $0.01 last year. Gross profit margin improved to 43.0%, driven by significant gains in the Ammunition segment and the acquisition of GunBroker.com. The company raised its fiscal 2022 revenue outlook to $250 million and adjusted EBITDA to $80 million.
AMMO, Inc. (Nasdaq: POWW & POWWP) will announce its fiscal Q2 2022 financial results on November 15, 2021, after market close. The company, a key player in high-performance ammunition production and operator of GunBroker.com, will host a conference call for investors at 5:00 p.m. EDT on the same day. Interested participants can join by phone or via a webcast. AMMO aims to innovate within the munitions industry, producing various ammunition types, including patented STREAK™ Visual Ammunition. Investors are encouraged to join the call early and follow the operator's instructions.
AMMO, Inc. (Nasdaq: POWW, POWWP) has raised its Q2 revenue estimate from $51 million to approximately $55 million for the period ending September 30, 2021. This positive adjustment reflects strong transaction activity at its online marketplace, GunBroker.com, which shows robust growth compared to last year. The company's ammunition business is thriving due to high demand and increased manufacturing capacity, including a 15% rise in brass production. AMMO is on track to operationalize a new plant by Summer 2022, enhancing its production capabilities further.
AMMO, Inc. (NASDAQ: POWW & POWWP) announced a new contract with the Irregular Warfare Technical Support Directorate (IWTSD) to design and manufacture signature-on-target rounds (SoT) for U.S. military operations. The SoT ammunition enhances targeting capabilities by allowing visibility of impacted rounds without revealing the shooter's position, increasing survivability and lethality for operators. This contract highlights AMMO’s commitment to supporting critical military needs and advancing its development efforts within the defense sector.
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