
AMMO Inc (NASDAQ:POWW) shares are trading higher in Wednesday's after-hours session after the company announced strong financial results that were significantly higher year-over-year.
Ammo said full-year fiscal 2022 revenue increased 285% year-over-year to $240.3 million. The company reported full-year adjusted earnings of 53 cents per share, which was up 651% year-over-year.