ClearOne, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results
ClearOne, Inc. (CLRO)
Last clearone, inc. earnings: 11/8 09:10 am
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Source: Business Wire
– Q4 and Full Year 2023 OpEx Decreased 14% and 21% Year-Over-Year, Respectively –– Completed Outsourced Manufacturing Transition from China to Singapore in Q4 2023, Resulting in Normalized Product Output, and Reduced Backlog – SALT LAKE CITY--(BUSINESS WIRE)--ClearOne (NASDAQ: CLRO), a global provider of audio and visual communication solutions, reported financial results for the three- and twelve-month periods ended December 31, 2023.“Throughout the fourth quarter, we maintained efforts to expand and accelerate shipments of our award-winning communication solutions, all while driving a leaner, more efficient cost structure,” said Derek Graham, CEO of ClearOne. “In line with our expectations, we completed our outsourced manufacturing transition from China to Singapore during the fourth quarter, resulting in our manufacturing output returning to pre-transition levels. With a more normalized production cadence, we have continued to drive significant backlog reductions, as our most po
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News
- ClearOne, Inc. (NASDAQ: CLRO) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- ClearOne, Inc. (NASDAQ: CLRO) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- ClearOne, Inc. (NASDAQ: CLRO) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- ClearOne (NASDAQ:CLRO) pulls back 13% this week, but still delivers shareholders 1.1% CAGR over 3 years [Yahoo! Finance]Yahoo! Finance
- ClearOne Full Year 2023 Earnings: US$0.023 loss per share (vs US$0.86 profit in FY 2022) [Yahoo! Finance]Yahoo! Finance
CLRO
Sec Filings
- 4/19/24 - Form 3
- 4/16/24 - Form 8-K
- 4/3/24 - Form 8-K
- CLRO's page on the SEC website