Sturm, Ruger reported first-quarter net income of $0.128 million, or $0.01 per share, down sharply from $7.8 million, or $0.46 per share, a year earlier. The results point to a significant drop in profitability, though the article provides no revenue or guidance details. The earnings decline is likely to weigh modestly on the stock.
Sturm, Ruger reported first-quarter net income of $0.128 million, or $0.01 per share, down sharply from $7.8 million, or $0.46 per share, a year earlier. The results point to a significant drop in profitability, though the article provides no revenue or guidance details. The earnings decline is likely to weigh modestly on the stock.
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