Ammo, Inc (NASDAQ:POWW) was trading about 3% lower on Monday as it headed into its third-quarter 2022 earnings print, scheduled to be released after Monday's market close.
Traders and investors will be watching to see if the vertically integrated producer of ammunition and components has been able to increase its revenues to the level it guided on Feb. 1. On that date, Ammo said it expected quarterly revenue of approximately $64.5 million, which would represent an estimated 288% year-over-year increase compared to $16.6 million in Q3 FY21.
