Clearone Inc (OQ:CLRO)
Business Focus: Conferencing Tools & Systems
| Sector: Technology | Industry: Communications & Networking |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | SUITE 500, 5225 WILEY POST WAY SALT LAKE CITY UT 84116 |
| Tel: | N/A |
| Website: | https://www.clearone.com |
| IR: | See website |
| Key People | ||
| Eric L. Robinson Chairman of the Board | Derek L. Graham Chief Executive Officer | Simon Brewer Chief Financial Officer |
| Business Overview |
| ClearOne, Inc. is a global company enabling conferencing, collaboration, and network streaming solutions. The Company designs, develops and sells conferencing, collaboration and network streaming solutions for voice and visual communications. The Company's products are categorized into Audio conferencing, Professional microphones, and Video products. Audio conferencing includes installed DSP based professional audio conferencing, universal serial bus (USB)-based speakerphones and table-top audio conferencing. Professional microphones consist of patented beamforming microphones, ceiling microphones and wireless microphones. Video products include video collaboration and audio-visual networking. Its professional conferencing products include the CONVERGE Pro 2 and CONVERGE Pro 2 SR product lines. Media Collaboration suite of products is led by its comprehensive portfolio of COLLABORATE branded video conferencing and collaboration solutions. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Clearone Inc revenues decreased 26% to $18.7M. Net loss totaled $560K vs. income of $20.6M. Revenues reflect Audio conferencing segment decrease of 29% to $8.4M, Microphones segment decrease of 21% to $7.7M, North and South America segment decrease of 26% to $9M, Europe and Africa segment decrease of 54% to $2.3M. |
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