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Clarus Publish Q1’23 Financial Results, Ended March 31 2023

Clarus Corporation, a global company focused on the outdoor and consumer enthusiast markets, reported financial results for the first quarter ended March 31, 2023. First Quarter 2023 Financial Summary vs. Same Year‐Ago Quarter Sales of $97.4 million compared to $113.3 million. Gross margin was 37.0% compared to 39.1%. Net income of $1.6 million, or $0.04 per diluted share, compared to $5.3 million, or $0.13 per diluted share. Adjusted net income before non‐cash items of $6.9 million, or…