Brief: Clarus Reports Preliminary Record Third Quarter 2021 Results And Raises Full-Year Outlook

Clarus

18/10/2021 13:50

Oct 18 (Reuters) - Clarus Corp  CLAR.O :
    * CLARUS REPORTS PRELIMINARY RECORD THIRD QUARTER 2021
RESULTS AND
RAISES FULL-YEAR OUTLOOK
    * SEES Q3 SALES UP 66 TO 67 PERCENT
    * SEES FY SALES UP ABOUT 62 PERCENT
    * SEES FY SALES $362.5 MILLION
    * EXPECTS ADJUSTED EBITDA FOR Q3 OF 2021 TO RANGE BETWEEN
$18.5-$18.8 MILLION
    * COMPANY NOW EXPECTS ADJUSTED EBITDA IN 2021 TO INCREASE
APPROXIMATELY 155% TO $57 MILLION ($52 MILLION PRIOR) COMPARED
TO 2020
    * NOW EXPECTS ADJUSTED EBITDA IN 2021 TO INCREASE
APPROXIMATELY
155% TO $57 MILLION
    * EXPECTS SALES FOR Q3 OF 2021 TO RANGE BETWEEN $107-$108
MILLION
    * Q3 REVENUE VIEW $99.6 MILLION -- REFINITIV IBES DATA
    * FY2021 REVENUE VIEW $350.5 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNXXPKSQ 
Further company coverage:  CLAR.O 

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