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Clarus Sees FY24 Revenue $270M-$280M Vs $275.62M Est.

Author: Benzinga Newsdesk | May 02, 2024 05:53pm

2024 Outlook

The Company continues to expect fiscal year 2024 sales to range between $270 million to $280 million and adjusted EBITDA of approximately $16 million to $18 million, or an adjusted EBITDA margin of 6.2% at the mid-point of revenue and adjusted EBITDA. In addition, capital expenditures are expected to range between $4 million to $5 million and free cash flow is expected to range between $18 million to $20 million for the full year 2024.

Posted In: CLAR