CLAR Q2 2023 Earnings — Clarus Corporation Revenue & Financial Results | Market Cap Arena

CLARClarus Corporation

$118M

Q2 2023 Earnings

Consumer Cyclical Leisure

Income Statement

Revenue

$58M-49.6% YoY

Gross Profit

$23M39.0% margin

Operating Income

-$5M-9.4% margin

Net Income

-$2M-3.6% margin

EPS (Diluted)

$-0.06

QoQ Revenue Growth

-17.6%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

$12M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$498M

Total Liabilities

$208M

Stockholders' Equity

$290M

Cash & Equivalents

$11M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$58M	$115M	-49.6%
Gross Profit	$23M	$44M	-48.3%
Operating Income	-$5M	$8M	-169.5%
Net Income	-$2M	$4M	-155.6%

Revenue Segments

Outdoor Segment

$40M48%

Precision Sport Segment

$26M31%

Adventure Segment

$18M21%