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Sturm Ruger revenue jumps on new guns
April 29, 2013 / 9:26 PM / 4 years ago

Sturm Ruger revenue jumps on new guns

April 29 (Reuters) - Gunmaker Sturm Ruger & Co Inc reported a 38.5 percent jump in first-quarter revenue, helped by launch of LC380 and SR45 pistols.

Net income rose to $23.7 million, or $1.20 per share, in the quarter ended March 30, from $15.5 million, or 79 cents per share, a year ago.

Revenue rose to $155.9 million.

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