Outdoor Holding Company (NASDAQ:POWW) reported continued profitability and operational improvements in its third quarter of fiscal 2026, highlighting progress in cost management and cash generation.
Adjusted EBITDA rose to $6.55 million for the quarter, while the company returned to net income before discontinued operations of $1.46 million.
During the period under review, operating expenses declined significantly by $21.76 million compared with the prior-year period, reflecting ongoing efforts to streamline operations and improve efficiency.
Meanwhile, the company generated more than $4 million in cash from operations during the quarter and ended the period with $79.9 million in cash.
Additionally, gross merchandise value (GMV) totaled $215.8 million.
Outdoor Holding also settled outstanding SEC litigation during the period, removing a key legal overhang.