Sturm Ruger: Fourth Quarter Earnings Overview
Sturm Ruger & Co. Announces Fourth Quarter Financial Results
Sturm Ruger & Co., headquartered in Southport, Connecticut, revealed on Monday that it earned $3.5 million in profit during the final quarter of the year.
The company reported earnings of $0.21 per share for the quarter. After accounting for one-time expenses, adjusted earnings stood at $0.26 per share.
Total revenue for the quarter reached $151.1 million for the firearms manufacturer.
Looking at the full year, Sturm Ruger & Co. reported a net loss of $4.4 million, translating to a loss of $0.27 per share. Annual revenue amounted to $546.1 million.
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