ClearOne: 3Q Earnings Snapshot
SALT LAKE CITY (AP) _ ClearOne Inc. (CLRO) on Tuesday reported a loss of $10.1 million in its third quarter.
On a per-share basis, the Salt Lake City-based company said it had a loss of $1.22. Losses, adjusted for amortization costs and pretax expenses, were $1.15 per share.
The provider of videoconferencing products posted revenue of $6.7 million in the period.
The company’s shares closed at $1.31. A year ago, they were trading at $6.70.