Smith & Wesson Holding Corporation Reports First Quarter Fiscal 2010 Financial Results
Record Quarterly Sales of $102 Million (+30%)
Record Quarterly Net Income of $12.6 Million (+458%)
Record Quarterly, Fully Diluted EPS of $0.21 (+320%)
Record Adjusted EBITDAS of $20 Million
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Smith & Wesson President and CEO, Michael F. Golden, said, “Ongoing consumer demand for handguns and tactical rifles fueled our strong growth and allowed us to deliver record financial results in the first quarter. Higher production levels in our Springfield factory allowed us to capture additional revenue in the quarter, and a focus on controlling costs helped translate that revenue into profitability.”
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