Clarus(US:CLAR)2025-11-06 22:00Financial Performance - Q3 2025 revenue increased by 3% year-over-year to $693 million[17] - Adventure revenue increased by 16% year-over-year to $207 million[17] - Outdoor revenue decreased by 1% year-over-year to $487 million[17], but excluding the divested PIEPS business, comparable Outdoor sales were up 1%[18] - Adjusted gross margin was 351%[17], a decrease of 270 basis points year-over-year[17] - Adjusted EBITDA was $28 million[17] - Black Diamond Q3 revenue, gross margin, and adjusted EBITDA increased year-over-year[22] Strategic Focus - The company is positioned for long-term sustainable growth, guided by a strategic roadmap[14] - Black Diamond is focused on simplification and the core business[14] - Adventure is focused on the basics[14] - The company has a strong balance sheet with $295 million in cash as of September 30, 2025[14]