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Stock impact report

Clarus Reports Fourth Quarter and Full Year 2024 Results [Yahoo! Finance]

Clarus Corporation (CLAR) 
NASDAQ:AMEX Investor Relations: claruscorp.com
Company Research Source: Yahoo! Finance
Completed the Acquisition of RockyMounts, Expanding Adventure's Bike-Rack Product Capabilities Globally SALT LAKE CITY, March 06, 2025 (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 fourth quarter and full year ended December 31, 2024. Fourth Quarter Financial Summary vs. Same Year - Ago Quarter (adjusted to reflect the reclassification of the Precision Sport segment as discontinued operations) Sales of $71.4 million compared to $76.5 million. Gross margin was 33.4% compared to 28.9%; adjusted gross margin of 38.0% compared to 34.7%. Net loss, which includes the impact of discontinued operations, of $65.5 million, or $(1.71) per diluted share , compared to net loss of $8.4 million, or $(0.22) per diluted share. Loss from continuing operations of $73.3 million, or $(1.92) per diluted share, compared to loss from continuing operations of $7. Show less Read more
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