The firm recorded loss from continuing operations of $0.03 per share in the latest quarter, underperforming analyst estimates of loss of $0.01 per share by $-0.02.
The company reported quarterly sales of $13.89 million, beating analyst estimates by $1.19 million against projections of $12.70 million.
Outdoor delivered year-over-year growth across both earnings and revenue, with earnings up 87.5 percent and revenue ahead by 10.2 percent.
Steve Urvan, Chairman and CEO of Outdoor Holding Company, said, “We sustained operating momentum, grew profitability, and continued to generate positive cash flow by reducing costs, resolving legacy matters, and investing in GunBroker.com platform features. We continue to deliver consistent profitability and balance-sheet strength.”
