Previous Close | 0.1000 |
Open | 0.1000 |
Bid | 0.0000 |
Ask | 0.2000 |
Strike | 9.00 |
Expire Date | 2024-05-17 |
Day's Range | 0.1000 - 0.1000 |
Contract Range | N/A |
Volume | |
Open Interest | 49 |
Despite Challenges, Company Reaffirms Full-Year Guidance
Clarus (CLAR) delivered earnings and revenue surprises of 100% and 7.96%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Outdoor lifestyle and equipment company Clarus (NASDAQ:CLAR) reported Q1 CY2024 results exceeding Wall Street analysts' expectations, with revenue down 1.4% year on year to $69.31 million. The company expects the full year's revenue to be around $275 million, in line with analysts' estimates. It made a non-GAAP loss of $0 per share, down from its profit of $0.01 per share in the same quarter last year.