MARKET COMPOSITE
CLRO - ClearOne Inc8:00:00 PM 4/24/2024
Price
$0.93
+ 0.00 (0.09%)
ClearOne, Inc., together with its subsidiaries, designs, develops, and sells conferencing, collaboration, and network streaming solutions for voice and visual communications in the United States and internationally. The company offers a range of audio conferencing products, including professional audio conferencing and sound-reinforcement products for use in enterprise, healthcare, education and distance learning, government, legal, and finance organizations; mid-tier premium conferencing products for smaller rooms, and small and medium businesses, which interface with video and Web conferencing systems; USB-based personal and group speakerphones that could be used with PCs, laptops, tablets, smartphones, and other portable devices; and traditional tabletop conferencing phones used in conference rooms and offices. It also provides video products, such as video conferencing and collaboration solutions; and AV networking, which deliver the IP A/V experience by streaming time sensitive high definition audio and video, and control over TCP/IP networks. In addition, the company offers professional microphones consisting of beamforming microphones, ceiling microphones, and wireless microphones. ClearOne, Inc. sells its commercial products to a network of independent professional audiovisual, information technology, and telecommunications distributors, as well as systems integrators, dealers, value-added resellers, and end-users. The company was founded in 1983 and is headquartered in Salt Lake City, Utah.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue4.2MM-15%
Gross Profit1.6MM-2%
Cost Of Revenue2.6MM-21%
Operating Income-1.7MM+17%
Operating Expenses3.3MM+7%
Net Income2.6MM-296%
R&D866K-3%
G&A1.2MM+8%
Marketing1.3MM+13%
Amortization129K-9%
Interest Expense68K-21%
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