Clarus Reports Record Second Quarter 2022 Results
Clarus Corporation (CLAR)
NASDAQ:AMEX Investor Relations:
claruscorp.com
Company Research
Source: GlobeNewswire
– Sales in the Second Quarter of 2022 Increased 57% Year-Over-Year to $114.9 Million – – Adjusted EBITDA of $17.6 Million or 15.3% Adjusted EBITDA Margin – – Approves a New $50.0 Million Stock Repurchase Program – SALT LAKE CITY, Aug. 01, 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 second quarter ended June 30, 2022. Second Quarter 2022 Financial Summary vs. Same Year-Ago Quarter Record sales of $114.9 million increased 57% and 16% on a proforma basis.Gross margin was 38.0% compared to 38.2%.Net income increased 105% to $3.8 million, or $0.09 per diluted share, compared to net income of $1.8 million, or $0.06 per diluted share.Adjusted net income before non-cash items increased 92% to $13.1 million, or $0.33 per diluted share, compared to $6.8 million, or $0.20 per diluted share.Adjusted EBITDA increased 51% to a record $17.
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News
- Clarus Sets First Quarter 2024 Conference Call for Thursday, May 2, 2024, at 5:00 p.m. ETGlobeNewswire
- Clarus Co. (NASDAQ: CLAR) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- Clarus Co. (NASDAQ: CLAR) had its price target raised by analysts at Roth Mkm from $6.50 to $7.50. They now have a "buy" rating on the stock.MarketBeat
- Clarus Files Lawsuit Against Caption Management LLC, Caption Partners II LP, Caption GP, LLC, William Cooper and Jason Strasser for Recovery of Short-Swing ProfitsGlobeNewswire
- Clarus Corporation (NASDAQ:CLAR) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
CLAR
Earnings
- 3/7/24 - Miss
CLAR
Sec Filings
- 3/13/24 - Form 4
- 3/13/24 - Form 4
- 3/13/24 - Form 4
- CLAR's page on the SEC website