CLAR Q1 2023 Earnings — Clarus Corporation Revenue & Financial Results | Market Cap Arena

CLARClarus Corporation

$118M

Q1 2023 Earnings

Consumer Cyclical Leisure

Income Statement

Revenue

$70M-38.0% YoY

Gross Profit

$26M36.3% margin

Operating Income

-$2M-3.5% margin

Net Income

$2M2.3% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

-32.5%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

$2M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$515M

Total Liabilities

$222M

Stockholders' Equity

$293M

Cash & Equivalents

$10M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$70M	$113M	-38.0%
Gross Profit	$26M	$44M	-42.4%
Operating Income	-$2M	$8M	-130.1%
Net Income	$2M	$5M	-69.9%

Revenue Segments

Outdoor Segment

$53M54%

Precision Sport Segment

$27M28%

Adventure Segment

$18M18%