Yet another tough quarter
Summary of the Earnings Report
ClearOne reported total revenues of $9.3M in Q4, and $41.8M for the year 2017 vs. $10.7M and $48.6M for the corresponding periods one year earlier. Both figures represent a drop of approximately 14%. Net income was negative $3.6M for Q4 and negative $14.2M for the year. Net income for Y2016 was positive $2.4M.