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Sep 30, 2022

Clarus Q3 2022 Earnings Report

Key Takeaways

Clarus Corporation announced its results for the third quarter ended September 30, 2022. The press release contains non-GAAP measures, including adjusted gross margin, adjusted gross profit, net income before non-cash items, adjusted net income, EBITDA, adjusted EBITDA, and free cash flow.

The company issued a press release announcing results for the third quarter ended September 30, 2022.

The press release contains non-GAAP measures such as adjusted gross margin and adjusted gross profit.

Non-GAAP measures like EBITDA, EBITDA margin, adjusted EBITDA, and adjusted EBITDA margin were included.

Free cash flow was also presented as a non-GAAP measure.

Total Revenue
$116M
Previous year: $109M
+6.2%
EPS
$0.26
Previous year: $0.5
-48.0%
Gross Profit
$39.4M
Previous year: $39.2M
+0.6%
Cash and Equivalents
$10.4M
Previous year: $10.2M
+1.9%
Free Cash Flow
-$13.6M
Previous year: -$19.8M
-31.3%
Total Assets
$628M
Previous year: $572M
+9.8%

Clarus

Clarus