Clarus (CLAR) Tops Q3 EPS by 4c; Raises Outlook
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Clarus Reports Third Quarter 2017 Results and Raises Full-Year Outlook
November 6, 2017 4:05 PM ESTSALT LAKE CITY, Nov. 06, 2017 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (Clarus and/or the Company), a diversified holding company which seeks opportunities to acquire and grow businesses that can generate attractive shareholder returns, reported financial results for the third quarter ended September 30, 2017.
Third Quarter 2017 Financial Summary vs. Same Year-Ago Quarter
Sales of $45.8 million, up 16%.Gross margin up 210 basis points to 33.4%; adjusted gross margin up 300 basis points to 34.3%.Net loss was $1.6 million or $(0.05) per share, compared to a net loss of $0.4 million or $(0.01) per... More