Smith & Wesson surges on upbeat Q1 results

** Shares of gunmaker Smith & Wesson SWBI.O rise 3.9% to $12.8

** SWBI reports Q1 adjusted EPS of 6 cents compared to a loss of 8 cents per share the previous year

** Posts Q1 net sales of $112.6 mln, up 32.3% YoY

** The company cites continued solid demand in both consumer and professional channels among reasons for upbeat results

** Including session's move, the stock is up 29.4% YTD