Clarus (CLAR) Tops Q4 EPS by 18c; Offers FY23 Guidance
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Clarus Reports Fourth Quarter and Full Year 2022 Results
February 27, 2023 4:05 PM ESTSALT LAKE CITY, Feb. 27, 2023 (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 fourth quarter and full year ended December 31, 2022.
Fourth Quarter 2022 Financial Summary vs. Same YearAgo Quarter
Sales of $104.2 million compared to $118.2 million.Gross margin was 34.6% compared to 36.1%.Net loss of $81.6 million, or $(2.20) per diluted share, compared to net income of $14.0 million, or $0.36 per diluted share. Net loss in Q4 2022 included a... More