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Clarus Reports Q1 2022 Sales Up 50% Compared to Q1 Last Year

Clarus Reports Record First Quarter 2022 Results First Quarter 2022 Financial Summary vs. Same Year‐Ago Quarter Record sales of $113.3 million increased 50% and 6% on a proforma basis. Gross margin improved 320 basis points to 39.1%; adjusted gross margin increased 290 basis points to 39.3%. Net income was $5.3 million, compared to net income of $5.7 million Adjusted EBITDA increased significantly to a record $19.7 million with an adjusted EBITDA margin of 17.4%, compared to $10.6 million…