Clarus’s (NASDAQ:CLAR) Q4: Beats On Revenue But Full-Year Sales Guidance Misses Expectations Significantly
Outdoor lifestyle and equipment company Clarus (NASDAQ:CLAR) beat Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 6.7% year on year to $71.41 million. On the other hand, the company’s full-year revenue guidance of $255 million at the midpoint came in 10.8% below analysts’ estimates. Its non-GAAP loss of $0.08 per share was significantly below analysts’ consensus estimates.