AMMO, Inc. Revises Revenue Guidance for the Third Quarter of Fiscal Year 2021
January 04, 2021 at 08:00 am EST
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AMMO, Inc. revised revenue guidance for the third quarter of fiscal year 2021. The company anticipates reporting in excess of $16.5 million in revenue for the third quarter of the Company’s 2021 fiscal year on February 15, 2021, an increase over the previous revenue guidance of $15 million.
AMMO, Inc. is a vertically integrated producer of ammunition and components. The Company is the owner of GunBroker.com, which is an online marketplace serving the firearms and shooting sports industries. The Company operates through two segments: Ammunition and Marketplace. The Ammunition segment consists of the Companyâs manufacturing business. The segment is engaged in the designing, production and marketing of ammunition and ammunition component products. The Companyâs core ammunition business is vertically integrated with multi-channel distribution, including direct-to-consumer, wholesale, military and law enforcement customers. Its product offering encompasses approximately 60 items, including STREAK Visual Ammunition, a patented technology. The Marketplace segment consists of the GunBroker.com marketplace. In its role as an auction site, GunBroker.com supports the sale of firearms, ammunition and hunting/shooting accessories.
AMMO, INC. 
