Clarus Corp. Files 8-K with Financial Updates

Ticker: CLAR · Form: 8-K · Filed: Aug 1, 2024 · CIK: 913277

Clarus Corp 8-K Filing Summary
FieldDetail
CompanyClarus Corp (CLAR)
Form Type8-K
Filed DateAug 1, 2024
Risk Levellow
Pages3
Reading Time3 min
Sentimentneutral

Sentiment: neutral

Topics: financial-reporting, 8-K, company-update

TL;DR

Clarus Corp. just dropped its 8-K. Check financials.

AI Summary

On August 1, 2024, Clarus Corp. filed an 8-K report detailing its financial results and exhibits. The company, formerly known as Black Diamond, Inc., is incorporated in Delaware and headquartered in Salt Lake City, Utah. This filing serves as a current report under the Securities Exchange Act of 1934.

Why It Matters

This 8-K filing provides investors with crucial, up-to-date information on Clarus Corp.'s financial performance and condition, enabling informed investment decisions.

Risk Assessment

Risk Level: low — This filing is a routine 8-K report of financial results and exhibits, not indicating any unusual or negative events.

Key Numbers

  • 001-34767 — Commission File Number (Identifies the company's filing with the SEC)
  • 58-1972600 — IRS Employer Identification Number (Company's tax identification number)

Key Players & Entities

  • Clarus Corp. (company) — Registrant
  • Black Diamond, Inc. (company) — Former company name
  • August 1, 2024 (date) — Date of earliest event reported
  • Delaware (jurisdiction) — State of incorporation
  • Salt Lake City, Utah (location) — Principal executive offices

FAQ

What is the primary purpose of this 8-K filing for Clarus Corp.?

The primary purpose is to report current information regarding the company's results of operations and financial condition, as well as financial statements and exhibits.

When was the earliest event reported in this filing?

The earliest event reported in this filing was on August 1, 2024.

What was Clarus Corp. formerly known as?

Clarus Corp. was formerly known as Black Diamond, Inc.

In which state is Clarus Corp. incorporated?

Clarus Corp. is incorporated in Delaware.

What is the address of Clarus Corp.'s principal executive offices?

The address of Clarus Corp.'s principal executive offices is 2084 East 3900 South, Salt Lake City, Utah 84124.

Filing Stats: 857 words · 3 min read · ~3 pages · Grade level 13.5 · Accepted 2024-08-01 16:28:22

Filing Documents

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition On August 1, 2024, Clarus Corporation (the "Company") issued a press release announcing results for the second quarter ended June 30, 2024 (the "Press Release"). A copy of the Press Release is furnished as Exhibit 99.1 and incorporated herein by reference. Attached hereto as Exhibit 99.2 and incorporated herein by reference is a presentation regarding the Company's financial results for the second quarter ended June 30, 2024 (the "Presentation"). The Press Release and/or the Presentation contain the non-GAAP measures: (i) adjusted gross margin and adjusted gross profit, (ii) adjusted (loss) income from continuing operations and related earnings (loss) per diluted share, (iii) earnings before interest, taxes, other income or expense, depreciation and amortization ("EBITDA"), EBITDA margin, adjusted EBITDA, and adjusted EBITDA margin, (iv) segment EBITDA and adjusted segment EBITDA, and (v) free cash flow (defined as net cash provided by operating activities less capital expenditures). The Company believes that the presentation of certain non-GAAP measures, i.e.: (i) adjusted gross margin and adjusted gross profit, (ii) adjusted (loss) income from continuing operations and related earnings (loss) per diluted share, (iii) EBITDA, EBITDA margin, adjusted EBITDA and adjusted EBITDA margin, (iv) segment EBITDA and adjusted segment EBITDA, and (v) free cash flow, provide useful information for the understanding of its ongoing operations and enables investors to focus on period- over -period operating performance, and thereby enhances the user's overall understanding of the Company's current financial performance relative to past performance and provides, along with the nearest GAAP measures, a baseline for modeling future earnings expectations. Non-GAAP measures are reconciled to comparable GAAP financial measures within the Press Release and/or the Presentation. We do not provide a reconciliation of the following

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (d) Exhibits. Exhibit Description 99.1 Press Release dated August 1, 2024 (furnished only). 99.2 Slide Presentation for Conference Call held on August 1, 2024 (furnished only) 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: August 1, 2024 CLARUS CORPORATION By: /s/ Michael J. Yates Name: Michael J. Yates Title: Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR

View on ReadTheFiling | About | Contact | Privacy | Terms

Data from SEC EDGAR. Not affiliated with the SEC. Not investment advice. © 2026 OpenDataHQ.