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Clarus Corporation Report Q3’23 Financial Results & Adjusted Outlook

Clarus Corporation’s Third Quarter 2023 Financial Summary vs. Same Year‐Ago Quarter Sales of $100.1 million compared to $115.7 million. Gross margin improved 140 basis points to 35.5% compared to 34.1%. Net loss of $1.3 million, or $(0.03) per diluted share, compared to net income of $2.8 million, or $0.07 per diluted share. Adjusted net income before non‐cash items of $6.0 million, or $0.16 per diluted share, compared to $10.2 million, or $0.26 per diluted share. Adjusted EBITDA of…