AP NEWS

ClearOne: 3Q Earnings Snapshot

November 15, 2019

SALT LAKE CITY (AP) _ ClearOne Inc. (CLRO) on Thursday reported a loss of $2 million in its third quarter.

On a per-share basis, the Salt Lake City-based company said it had a loss of 12 cents. Losses, adjusted for amortization costs and stock option expense, were 9 cents per share.

The provider of videoconferencing products posted revenue of $6 million in the period.

The company’s shares closed at $1.77. A year ago, they were trading at $1.26.

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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