AP NEWS

ClearOne: 2Q Earnings Snapshot

August 10, 2018

SALT LAKE CITY (AP) _ ClearOne Inc. (CLRO) on Thursday reported a loss of $2.2 million in its second quarter.

On a per-share basis, the Salt Lake City-based company said it had a loss of 26 cents. Losses, adjusted for amortization costs and stock option expense, were 22 cents per share.

The provider of videoconferencing products posted revenue of $7 million in the period.

The company’s shares closed at $3.35. A year ago, they were trading at $8.

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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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