The gunmaker returned to profitability in the second quarter, tallying net income of $6,981,000 against a loss of $17,226,000 that included $26.4 million in writedowns and restructuring costs, as revenues jumped 19% to $158,058,000 from $132,491,000. Backing out those one-time costs and other items in both periods, adjusted EBITDA was $16.6 million against $5.4 million. New product sales accounted for 20% of the total, and RGR believes it has grown its share of retail gun sales, with a 19% increase in sell-through from independent distributors to retailers in Q2, outpacing the ... Log in to view full article.