ClearOne Reports Third Quarter 2019 Financial Results
ClearOne, Inc. (CLRO)
Last clearone, inc. earnings: 11/8 09:10 am
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Source: GlobeNewswire
Q3 Microphone revenue up year-over-year by 3%Q3 Overall revenue down year-over-year by 10% — continued to be impacted by infringement of ClearOne’s strategic patentsNon-GAAP Operating expenses declined by 14% year-over-year SALT LAKE CITY, Nov. 14, 2019 (GLOBE NEWSWIRE) -- ClearOne (NASDAQ: CLRO), a global provider of audio and visual communication solutions, reported financial results for the three and nine month periods ended September 30, 2019. “We have seen modest improvements in our microphone sales after the recent decision by a U.S. District Court granting our request for a preliminary injunction to prevent Shure from manufacturing, marketing, and selling its competing ceiling microphone array in an infringing configuration. Nevertheless, we believe it will take some time for us to recover our market share due to the extensive harm inflicted by the infringement,” said Zee Hakimoglu, CEO and Chair of ClearOne. “We will continue our focus on technological innovation, cost m
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- ClearOne, Inc. (NASDAQ: CLRO) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- ClearOne, Inc. (NASDAQ: CLRO) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
CLRO
Sec Filings
- 11/15/24 - Form 8-K
- 11/14/24 - Form 10-Q
- CLRO's page on the SEC website