Clarus (CLAR) Tops Q3 EPS by 10c; Lowers FY Revenue Outlookthe

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Clarus Reports Third Quarter 2022 Results

November 7, 2022 4:06 PM EST

Sales in the Third Quarter of 2022 Increased 6% Year-Over-Year to $115.7 Million (up 9% on a Constant Currency Basis)

SALT LAKE CITY, Utah, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (Clarus and/or the Company), a global company focused on the outdoor and consumer enthusiast markets, reported financial results for the third quarter ended September 30, 2022.

Third Quarter 2022 Financial Summary vs. Same YearAgo Quarter

Sales of $115.7 million increased 6.0%.Gross margin was 34.1% compared to 36.0%.Net income of $2.8 million, or $0.07 per diluted... More