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.