secwatch.observer — SEC 8-K summary
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Issuer:     Clarus Corp (CLAR)
CIK:        0000913277
Form:       8-K
Filed at:   2024-03-11T23:59:59+00:00
Accession:  0001104659-24-032839
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clarus posts $15.8M full-year continuing ops loss in 2023; sells Precision Sport for $175M
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- Sale of Precision Sport segment closed Feb 29, 2024 for $175M; expected gain in Q1 2024.
- Q4 2023 continuing ops: sales $76.5M, operating loss $10.1M, net loss $7.2M ($0.19 diluted EPS).
- Full year 2023 continuing ops: sales $286.0M, operating loss $21.1M, net loss $15.8M.
- Adjusted EBITDA for continuing ops was $1.0M in Q1, $0.6M in Q2, $3.1M in Q3, and -$3.5M in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/913277/000110465924032839/0001104659-24-032839-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/913277/000110465924032839/tm248434d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-032839

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