- Clarus press release ( NASDAQ: CLAR ): Q2 Non-GAAP EPS of $0.33 misses by $0.06 .
- Revenue of $114.9M (+56.8% Y/Y) beats by $4.77M .
- Shares +7.1% .
- Clarus continues to expect fiscal year 2022 sales to grow approximately 25% to $470.0 million compared to 2021, inclusive of the effect of the strong U.S. dollar, which the Company estimates will be a $7 million sales headwind in the second half of the year. By segment, the Company continues to expect Outdoor sales to increase high-single digits to approximately $237.5 million. The Precision Sport segment is now expected to increase 16% to approximately $127.5 million ($112.5 million previously) and the Adventure segment to contribute approximately $105 million ($120 million previously).
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Clarus Non-GAAP EPS of $0.33 misses by $0.06, revenue of $114.9M beats by $4.77M