What is the outlook for Ammo stock?

Ammo reduced its fiscal 2023 revenue outlook to be between $220M to $240M ( prior outlook range provided during FQ1 was $300M to $310M), consensus $295.11M. The company expects Adjusted EBITDA in the range of $50M to $60M (prior outlook $108M to $111M).

What is the new revenue forecast for Ammo?

AMMO, Inc. , which belongs to the Zacks Leisure and Recreation Products industry, posted revenues of $48.29 million for the quarter ended September 2022, missing the Zacks Consensus Estimate by 26.05%. This compares to year-ago revenues of $61 million.

How much revenue did Ammo miss by?

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