Clarus Reports Third Quarter 2024 Results
Clarus Corporation (CLAR)
NASDAQ:AMEX Investor Relations:
claruscorp.com
Company Research
Source: GlobeNewswire
SALT LAKE CITY, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, reported financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Summary vs. Same Year-Ago Quarter (adjusted to reflect the reclassification of the Precision Sport segment as discontinued operations) Sales of $67.1 million compared to $81.3 million.Gross margin was 35.0% compared to 33.6%; adjusted gross margin of 37.8% compared to 33.6%.Net loss, which includes the impact of discontinued operations, of $3.2 million, or $(0.08) per diluted share, compared to net loss of $1.3 million, or $(0.03) per diluted share.Loss from continuing operations of $3.2 million, or $(0.08) per diluted share, compared to loss from continuing operations of $2.2 million, or $(0.06) per diluted share.Adjusted EBITDA from continuing operations of $2.4 million with an adjusted EBIT
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News
- Clarus Expands Adventure Lineup With RockyMounts Acquisition [Yahoo! Finance]Yahoo! Finance
- Rhino-Rack Acquires RockyMounts [Yahoo! Finance]Yahoo! Finance
- Rhino-Rack Acquires RockyMountsGlobeNewswire
- Mark Besca Appointed to Clarus’ Board of DirectorsGlobeNewswire
- Clarus Corporation (CLAR): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
CLAR
Earnings
- 11/7/24 - Beat
CLAR
Sec Filings
- 12/9/24 - Form 4
- 12/9/24 - Form 3
- 12/9/24 - Form 8-K
- CLAR's page on the SEC website