India, Sept. 4 -- American Outdoor Brands, Inc. (AOUT) reported a narrower loss in the first quarter of 2027, compared to the same quarter last year, mainly due to higher sales. Furthermore, the company confirmed revenue guidance and raised its adjusted EBITDA guidance for the full year of 2027.
In the pre-market activity on the Nasdaq, the shares were trading 23.68 percent higher at $12.38, after closing Thursday's trading 0.60 percent up.
Net loss for the period narrowed to $1.53 million or $0.12 per share from $6.83 million or $0.54 per share in the prior year.
Adjusted net income was $415 million or $0.03 per share, compared to Adjusted loss of $3.31 million or $0.26 per share in the previous year.
Adjusted EBITDA for the first quar...