AP NEWS
Click to copy
Click to copy

ClearOne: 2Q Earnings Snapshot

August 14, 2019

SALT LAKE CITY (AP) _ ClearOne Inc. (CLRO) on Wednesday reported a loss of $2.1 million in its second quarter.

The Salt Lake City-based company said it had a loss of 13 cents per share. Losses, adjusted for amortization costs and stock option expense, came to 10 cents per share.

The provider of videoconferencing products posted revenue of $6.4 million in the period.

In the final minutes of trading on Wednesday, the company’s shares hit $2.27. A year ago, they were trading at $2.45.

_____

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

All contents © copyright 2019 The Associated Press. All rights reserved.