Smith & Wesson suppressor revenue jumped 95.6% in H1, Michael A. Gayed notes

Smith & Wesson suppressor revenue jumped 95.6% in H1, Michael A. Gayed notes
Smith & Wesson debt down, suppressor revenue up

Smith & Wesson reported a 44% reduction in debt over one year and a 95.6% increase in suppressor revenue during the first half, though the share of sales from suppressors was not disclosed.

Michael A. Gayed described the idea of investing in Smith & Wesson, trading at $14.14 and 26 times trailing earnings, as modest and pointed to a real bear case for the company.

Earlier this month, Michael A. Gayed discussed APLD’s $3.0 billion in capital expenses against $116 million in expected revenue. He has also reported that ACN’s third quarter revenue grew 6% while bookings declined 2%. Gayed’s reports focus on earnings results and key financial metrics.

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