Clarus Sees FY23 Revenue $385M-$400M vs $418.64M Est.
Portfolio Pulse from Benzinga Newsdesk
Clarus Corporation has projected its FY23 revenue to be between $385M and $400M, which is lower than the estimated $418.64M.
August 07, 2023 | 9:07 pm
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NEGATIVE IMPACT
Clarus Corporation's lower than expected FY23 revenue projection could negatively impact its stock price in the short term.
Clarus Corporation's projected FY23 revenue is lower than the estimated $418.64M. This could lead to a negative sentiment among investors, potentially causing a short-term drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100