From Wall Street – ClearOne – CY2018-Q2

( Published on August 13, 2018 )

Current Highlights

The highlights for FY2018-Q2 (CY2018-Q2) are as follows:

  • ClearOne reported revenues of $7.0M compared to $10.3M in the same quarter last year.
  • GAAP gross profit in Q2 was $3.3M compared to $6.1M in Q2 2017.
  • GAAP net loss was $2.2M compared to a net loss of $0.8M in Q2 2017.
  • 48% of revenues were from international sales.
  • Company’s focus on patent litigation continues.

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