AP NEWS

ClearOne: 3Q Earnings Snapshot

November 13, 2018

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CLRO at https://www.zacks.com/ap/CLRO

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