CLRO posts a wider Q2 loss on revenue decline, rising costs and supply issues as it pursues an asset sale to address ongoing risks.
CLRO faces mounting challenges from supply-chain issues, weak margins and increased losses as it navigates strategic alternatives for future viability.
The CLRO stock plunges 41% in a month as Q4 revenues rise 18% sequentially but fall y/y. Losses widen amid certification and demand challenges.
| - Industry | - Sector | Derek L. Graham CEO | NASDAQ (CM) Exchange | 18506U203 CUSIP |
| US Country | 80 Employees | - Last Dividend | 10 Jun 2025 Last Split | 18 Aug 1995 IPO Date |
ClearOne, Inc. is a pioneering company specializing in the development, design, and sale of advanced conferencing, collaboration, and network streaming solutions aimed at enhancing voice and visual communications across the globe. With its foundation laid in 1983 and headquartered in Salt Lake City, Utah, ClearOne operates both within the United States and internationally. The company is recognized for its dedication to providing high-quality audio and video conferencing products that cater to a wide range of organizational needs, including enterprise, healthcare, education, government, legal, and finance sectors, among others. By leveraging its extensive network of professional audiovisual, information technology, and telecommunications distributors, along with systems integrators, dealers, value-added resellers, and direct end-users, ClearOne continues to expand its reach and impact in the conferencing and communications market.
Designed for enterprise, healthcare, education, distance learning, government, legal, and finance organizations, these products provide superior audio quality for large-scale conferencing needs.
Targeted towards smaller rooms and small to medium businesses, these conferencing solutions interface seamlessly with video and Web conferencing systems, offering flexibility and ease of use.
These versatile speakerphones are compatible with PCs, laptops, tablets, smartphones, and other portable devices, making them ideal for individual or small group use.
Suitable for use in conference rooms and office settings, these phones facilitate clear and effective communication during meetings.
Includes beamforming microphones, ceiling microphones, and wireless microphone systems, offering high-quality audio capture for various professional settings.
Comprises video conferencing and collaboration solutions, professional-grade cameras, and AV networking equipment, delivering high definition audio and video streaming over TCP/IP networks.