From Wall Street – ClearOne – CY2020-Q1

Rate of decline slows. Product mix shifts. Patent defense continues.

Current Highlights

The highlights for CY2020-Q1 are as follows:

  • Quarterly revenue continues decline, but more slowly
  • Audio conferencing products increase highlighted by Beamforming Microphone Array Ceiling Tile, but not sufficient to offset video declines
  • Operating loss continues, but improves slightly
  • Legal efforts to protect its intellectual property continue