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The Latest Breaking News from Clarus Corp

Clarus Upsizes Credit Facility To $425M

Clarus Corp (NASDAQ:CLAR) said it has amended and upsized its existing senior secured credit facility with the lender group. Under the upsized credit agreement terms, Clarus will have access to an increased revolving credit facility of $300 million and a $125 million term loan. The facility also includes an uncommitted accordion feature of…

Benzinga · Apr 19, 2022

Clarus' Q4 Earnings, FY22 Outlook Beat Street View

Clarus' Q4 Earnings, FY22 Outlook Beat Street View

Clarus Corp (NASDAQ:CLAR) reported fourth-quarter FY21 sales growth of 55.6% year-on-year, to $118.18 million, beating the consensus of $105.81 million. Domestic sales rose 33.7% Y/Y to $65.2 million, and International sales increased 94.8% to $53 million. The gross margin expanded by 60 basis points to 36.1%, and the gross profit gained 58.2% to…

Benzinga · Mar 8, 2022

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