The company, slated to be formally spun-off from Alliant Techsystems on Feb. 9, had a net loss of $11,169,000 against income of $33,365,000, which included a $52 million pre-tax impairment charge related to the Savage acquisition that resulted in only a $4 million tax benefit. Revenues were off 3% to $506,881,000 from $524,228,000. The company, citing “normalizing demand levels” in the shooting sports market, said the Q3 results were in line with expectations for the market correction and recovery, typically an 18-month period. Moderate growth, largely in H2, is ... Log in to view full article.