Outdoor Holding returns to GAAP profit in Q1 FY27; net revenues rise 22.1% to $14.48 million from Q1 FY26 - POWW News | RalliesOutdoor Holding returns to GAAP profit in Q1 FY27; net revenues rise 22.1% to $14.48 million from Q1 FY26
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POWW• Q1 FY27 results
- Outdoor Holding Company posted GAAP net income from continuing operations of $3.57 million for the quarter ended June 30, 2026, swinging from a loss.
- Net revenues rose 22.1% to $14.48 million, driven by added FFL transfer revenue and higher marketplace GMV on increased firearms sales.
- GAAP operating income was $3.3 million as operating expenses fell to $8.95 million on lower legal and professional fees and reduced headcount.
- Non-GAAP adjusted EBITDA more than doubled to $7.91 million.
- Cash and cash equivalents totaled $68.8 million at June 30, 2026; the company repurchased 1,020,004 shares for $2 million at an average $1.98.
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