investing.com - Shares of American Outdoor Brands plunged during Thursday’s after hours session after the company released its latest quarterly results, which fell below analysts’ expectations.
The company earned $0.02 per share, adjusted, versus expectations for earnings of $0.11. In the comparable, year-over-year quarter the company earned $0.66 per share. Revenue declined by almost 18% year-over-year to reach $129 million, $18.36 million less than analysts were expecting.
American Outdoor Brands\' shares were down 17% in after hours trade.