See more : Advanced Merger Partners, Inc (AMPI) Income Statement Analysis – Financial Results
Complete financial analysis of ClearOne, Inc. (CLRO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of ClearOne, Inc., a leading company in the Communication Equipment industry within the Technology sector.
You may be interested
- Salt Lake Potash Limited (SO4.L) Income Statement Analysis – Financial Results
- Gujarat Apollo Industries Limited (GUJAPOLLO.NS) Income Statement Analysis – Financial Results
- Rogers Communications Inc. (RCI) Income Statement Analysis – Financial Results
- Polyrizon Ltd. (PLRZ) Income Statement Analysis – Financial Results
- Aberdeen Diversified Income and Growth Trust plc (ADIG.L) Income Statement Analysis – Financial Results
ClearOne, Inc. (CLRO)
About ClearOne, Inc.
ClearOne, Inc., together with its subsidiaries, designs, develops, and sells conferencing, collaboration, and network streaming solutions for voice and visual communications in the United States and internationally. The company offers a range of audio conferencing products, including professional audio conferencing and sound-reinforcement products for use in enterprise, healthcare, education and distance learning, government, legal, and finance organizations; mid-tier premium conferencing products for smaller rooms, and small and medium businesses, which interface with video and Web conferencing systems; USB-based personal and group speakerphones that could be used with PCs, laptops, tablets, smartphones, and other portable devices; and traditional tabletop conferencing phones used in conference rooms and offices. It also provides video products, such as video conferencing and collaboration solutions; and AV networking, which deliver the IP A/V experience by streaming time sensitive high definition audio and video, and control over TCP/IP networks. In addition, the company offers professional microphones consisting of beamforming microphones, ceiling microphones, and wireless microphones. ClearOne, Inc. sells its commercial products to a network of independent professional audiovisual, information technology, and telecommunications distributors, as well as systems integrators, dealers, value-added resellers, and end-users. The company was incorporated in 1983 and is headquartered in Salt Lake City, Utah.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 18.70M | 25.21M | 28.97M | 29.07M | 25.04M | 28.16M | 41.80M | 48.64M | 57.80M | 57.91M | 49.59M | 46.42M | 46.07M | 41.28M | 0.00 | 35.70M | 39.75M | 39.86M | 37.63M | 31.65M | 33.89M | 57.59M | 54.54M | 39.88M | 30.87M | 22.99M | 17.27M | 13.37M | 11.47M | 11.10M | 8.80M | 8.70M | 7.00M | 5.20M | 5.50M | 5.10M | 3.30M | 2.30M |
| Cost of Revenue | 12.07M | 15.75M | 17.05M | 16.51M | 13.85M | 14.79M | 17.80M | 19.15M | 21.08M | 22.59M | 19.74M | 19.09M | 18.52M | 16.64M | 0.00 | 15.32M | 16.46M | 17.72M | 19.28M | 14.95M | 20.43M | 35.30M | 23.00M | 16.50M | 11.93M | 9.88M | 8.35M | 6.87M | 6.28M | 5.80M | 4.80M | 5.10M | 4.00M | 2.80M | 3.50M | 2.70M | 2.10M | 1.50M |
| Gross Profit | 6.64M | 9.46M | 11.92M | 12.56M | 11.19M | 13.37M | 24.01M | 29.49M | 36.72M | 35.32M | 29.86M | 27.33M | 27.55M | 24.64M | 0.00 | 20.38M | 23.29M | 22.14M | 18.35M | 16.69M | 13.46M | 22.28M | 31.54M | 23.38M | 18.94M | 13.11M | 8.92M | 6.50M | 5.19M | 5.30M | 4.00M | 3.60M | 3.00M | 2.40M | 2.00M | 2.40M | 1.20M | 800.00K |
| Gross Profit Ratio | 35.49% | 37.52% | 41.14% | 43.20% | 44.70% | 47.49% | 57.43% | 60.63% | 63.53% | 61.00% | 60.21% | 58.87% | 59.79% | 59.69% | 0.00% | 57.08% | 58.59% | 55.54% | 48.76% | 52.75% | 39.72% | 38.70% | 57.83% | 58.62% | 61.35% | 57.04% | 51.66% | 48.59% | 45.25% | 47.75% | 45.45% | 41.38% | 42.86% | 46.15% | 36.36% | 47.06% | 36.36% | 34.78% |
| Research & Development | 3.67M | 4.39M | 5.79M | 5.51M | 5.78M | 7.84M | 9.34M | 8.56M | 8.32M | 8.97M | 7.56M | 8.26M | 7.13M | 7.74M | 0.00 | 7.54M | 7.07M | 7.54M | 8.30M | 5.31M | 3.91M | 3.00M | 4.05M | 2.50M | 1.82M | 1.49M | 1.14M | 1.05M | 929.13K | 800.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 4.56M | 6.77M | 6.88M | 5.89M | 6.05M | 5.95M | 7.16M | 7.33M | 7.49M | 7.15M | 6.42M | 6.93M | 5.43M | 6.42M | 0.00 | 2.53M | 14.34M | 10.88M | 12.97M | 12.51M | 21.18M | 30.20M | 16.76M | 12.40M | 9.90M | 7.47M | 6.12M | 5.58M | 3.80M | 3.90M | 4.30M | 3.20M | 2.30M | 1.80M | 2.20M | 1.40M | 700.00K | 600.00K |
| Selling & Marketing | 4.90M | 5.52M | 6.74M | 6.73M | 7.94M | 9.91M | 11.00M | 10.03M | 10.65M | 11.23M | 8.90M | 8.11M | 8.12M | 8.69M | 0.00 | 7.53M | 6.67M | 7.79M | 7.87M | 9.07M | 8.27M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 9.46M | 12.29M | 13.62M | 12.61M | 13.98M | 15.86M | 18.16M | 17.36M | 18.14M | 18.38M | 15.31M | 15.05M | 13.55M | 15.11M | 0.00 | 10.06M | 14.34M | 10.88M | 12.97M | 12.51M | 21.18M | 30.20M | 16.76M | 12.40M | 9.90M | 7.47M | 6.12M | 5.58M | 3.80M | 3.90M | 4.30M | 3.20M | 2.30M | 1.80M | 2.20M | 1.40M | 700.00K | 600.00K |
| Other Expenses | 0.00 | 35.10M | 32.00K | 79.00K | 210.00K | 80.00K | 300.00K | 312.00K | 289.00K | 254.00K | 147.00K | 34.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1.21M | 180.00K | 0.00 | 26.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 500.00K | 300.00K | 300.00K | 200.00K | 200.00K | 200.00K | 100.00K | 100.00K | 100.00K |
| Operating Expenses | 13.13M | 16.68M | 19.41M | 18.13M | 19.76M | 23.70M | 27.50M | 25.92M | 26.46M | 27.35M | 22.87M | 23.31M | 20.68M | 22.84M | 0.00 | 17.60M | 21.41M | 18.42M | 20.07M | 18.00M | 25.08M | 59.19M | 20.81M | 14.90M | 11.72M | 8.97M | 7.26M | 6.63M | 4.73M | 5.20M | 4.60M | 3.50M | 2.50M | 2.00M | 2.40M | 1.50M | 800.00K | 700.00K |
| Cost & Expenses | 25.48M | 32.43M | 36.46M | 34.64M | 33.60M | 38.48M | 45.29M | 45.07M | 47.53M | 49.93M | 42.61M | 42.40M | 39.20M | 39.49M | 0.00 | 32.92M | 37.87M | 36.14M | 39.35M | 32.95M | 45.52M | 94.50M | 43.81M | 31.41M | 23.65M | 18.85M | 15.61M | 13.50M | 11.01M | 11.00M | 9.40M | 8.60M | 6.50M | 4.80M | 5.90M | 4.20M | 2.90M | 2.20M |
| Interest Income | 1.36M | 420.00K | 514.00K | 436.00K | 26.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 43.00K | 0.00 | 474.00K | 1.04M | 1.47M | 813.00K | 425.00K | 52.00K | 0.00 | 446.55K | 397.44K | 0.00 | 0.00 | 0.00 | 7.84K | 1.99K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 420.00K | 514.00K | 436.00K | 26.00K | 0.00 | 12.40M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 51.00K | 0.00 | 1.00K | 5.00K | 4.00K | 0.00 | 104.00K | 183.00K | 96.00K | 23.49K | 42.52K | 0.00 | 78.11K | 213.71K | 196.18K | 185.68K | 200.00K | 100.00K | 100.00K | 100.00K | 200.00K | 200.00K | 100.00K | 100.00K | 0.00 |
| Depreciation & Amortization | 1.15M | 3.37M | 3.28M | 2.68M | 2.48M | 1.59M | 1.53M | 1.87M | 2.06M | 1.97M | 1.42M | 1.92M | 1.22M | 1.20M | 0.00 | 720.00K | 767.00K | 870.00K | 1.56M | 2.37M | 1.95M | 3.47M | 1.17M | 1.04M | 759.81K | 660.83K | 678.50K | 673.68K | 555.04K | -500.00K | -300.00K | -300.00K | -200.00K | 200.00K | 200.00K | 100.00K | 100.00K | 100.00K |
| EBITDA | 1.56M | 31.25M | -4.19M | -2.81M | -5.88M | -8.74M | -47.00K | 5.75M | 12.32M | 9.95M | 8.41M | 44.47M | 8.11M | 1.80M | 0.00 | 3.94M | 2.65M | 4.59M | -1.57M | 551.00K | -9.75M | -16.76M | -8.77M | 2.93M | 6.55M | 5.16M | 1.88M | 409.43K | 1.01M | 600.00K | -300.00K | 400.00K | 600.00K | 600.00K | -200.00K | 1.00M | 500.00K | 200.00K |
| EBITDA Ratio | 8.36% | 110.61% | -25.76% | -18.88% | -34.19% | -36.68% | 22.04% | 7.33% | 17.76% | 13.77% | 12.79% | -74.28% | 9.47% | 7.37% | 0.00% | 11.12% | 6.73% | 11.37% | -4.17% | 4.28% | -28.14% | -58.17% | 21.67% | 23.82% | 25.83% | 20.99% | 13.45% | 4.21% | 8.78% | 5.41% | 5.68% | 4.60% | 8.57% | 11.54% | -3.64% | 19.61% | 15.15% | 4.35% |
| Operating Income | -6.49M | 24.31M | -7.50M | -5.57M | -8.56M | -10.33M | -16.19M | 3.57M | 10.26M | 7.98M | 7.62M | 42.52M | 10.57M | 1.80M | 0.00 | 2.78M | 1.88M | 3.72M | -1.72M | -1.41M | -11.62M | -36.91M | 10.73M | 8.47M | 7.22M | 4.14M | 1.66M | -129.38K | 459.05K | 100.00K | -1.40M | 100.00K | 600.00K | 300.00K | -400.00K | 700.00K | 500.00K | 100.00K |
| Operating Income Ratio | -34.70% | 96.46% | -25.87% | -19.15% | -34.19% | -36.68% | -38.74% | 7.33% | 17.76% | 13.77% | 15.37% | 91.61% | 22.95% | 4.35% | 0.00% | 7.78% | 4.73% | 9.33% | -4.57% | -4.47% | -34.29% | -64.10% | 19.68% | 21.24% | 23.39% | 18.02% | 9.60% | -0.97% | 4.00% | 0.90% | -15.91% | 1.15% | 8.57% | 5.77% | -7.27% | 13.73% | 15.15% | 4.35% |
| Total Other Income/Expenses | 6.37M | 34.68M | -482.00K | -357.00K | 210.00K | 80.00K | 300.00K | 312.00K | 289.00K | 254.00K | 147.00K | 34.00K | 24.00K | -104.00K | 0.00 | 446.00K | 1.01M | 1.52M | 655.00K | 318.00K | -261.00K | 48.00K | 288.00K | 188.00K | 153.00K | -914.28K | -213.71K | -228.62K | -176.16K | -200.00K | -900.00K | -100.00K | 0.00 | -200.00K | -200.00K | -300.00K | -100.00K | 100.00K |
| Income Before Tax | -126.00K | 27.46M | -7.98M | -5.92M | -8.35M | -10.25M | -15.89M | 3.88M | 10.55M | 8.23M | 7.77M | 42.56M | 10.60M | 1.69M | 0.00 | 3.22M | 2.88M | 5.24M | -704.00K | -1.10M | -11.88M | -37.01M | 11.24M | 8.84M | 7.40M | 4.07M | 1.44M | -336.00K | 282.88K | -100.00K | -1.50M | 0.00 | 500.00K | 100.00K | -600.00K | 600.00K | 400.00K | 200.00K |
| Income Before Tax Ratio | -0.67% | 108.95% | -27.54% | -20.38% | -33.35% | -36.39% | -38.02% | 7.97% | 18.26% | 14.21% | 15.67% | 91.68% | 23.00% | 4.10% | 0.00% | 9.03% | 7.25% | 13.16% | -1.87% | -3.46% | -35.06% | -64.26% | 20.61% | 22.18% | 23.97% | 17.68% | 8.36% | -2.51% | 2.47% | -0.90% | -17.05% | 0.00% | 7.14% | 1.92% | -10.91% | 11.76% | 12.12% | 8.70% |
| Income Tax Expense | 434.00K | 6.90M | -283.00K | -6.43M | 56.00K | 6.44M | -1.72M | 1.43M | 3.78M | 2.63M | 2.59M | 15.91M | 3.67M | -681.00K | 0.00 | 995.00K | -2.76M | 457.00K | -870.00K | -3.25M | -262.00K | -834.00K | 3.83M | 3.32M | 2.67M | 1.52M | 39.00K | 36.90K | 900.00 | 100.00K | -200.00K | 0.00 | 100.00K | -100.00K | -200.00K | 200.00K | 100.00K | 100.00K |
| Net Income | -560.00K | 20.56M | -7.69M | 505.00K | -8.41M | -16.69M | -14.17M | 2.44M | 6.78M | 5.60M | 5.18M | 26.65M | 6.93M | 2.37M | 0.00 | 2.23M | 5.66M | 5.21M | 2.10M | 16.08M | -9.89M | -35.97M | 7.41M | 7.48M | 4.73M | 2.54M | 1.40M | -372.90K | 281.98K | -100.00K | -1.30M | 0.00 | 400.00K | 100.00K | -400.00K | 400.00K | 300.00K | 100.00K |
| Net Income Ratio | -2.99% | 81.56% | -26.56% | 1.74% | -33.58% | -59.27% | -33.90% | 5.02% | 11.72% | 9.66% | 10.44% | 57.41% | 15.04% | 5.75% | 0.00% | 6.24% | 14.23% | 13.07% | 5.57% | 50.80% | -29.17% | -62.47% | 13.59% | 18.76% | 15.32% | 11.07% | 8.13% | -2.79% | 2.46% | -0.90% | -14.77% | 0.00% | 5.71% | 1.92% | -7.27% | 7.84% | 9.09% | 4.35% |
| EPS | -0.02 | 0.86 | -0.39 | 0.03 | -0.51 | -1.87 | -1.65 | 0.27 | 0.74 | 0.61 | 0.57 | 2.93 | 0.77 | 0.27 | 0.00 | 0.24 | 0.53 | 0.45 | 0.18 | 1.43 | -0.89 | -3.22 | -0.69 | 0.42 | 0.53 | 0.31 | 0.18 | -0.05 | 0.04 | -0.02 | -0.17 | 0.00 | 0.06 | 0.05 | -0.14 | 0.15 | 0.10 | 0.03 |
| EPS Diluted | -0.02 | 0.82 | -0.39 | 0.03 | -0.51 | -1.87 | -1.65 | 0.26 | 0.71 | 0.58 | 0.55 | 2.89 | 0.75 | 0.27 | 0.00 | 0.24 | 0.52 | 0.45 | 0.17 | 1.31 | -0.89 | -3.22 | -0.69 | 0.39 | 0.50 | 0.30 | 0.18 | -0.05 | 0.04 | -0.02 | -0.17 | 0.00 | 0.06 | 0.05 | -0.14 | 0.15 | 0.10 | 0.03 |
| Weighted Avg Shares Out | 23.96M | 23.94M | 19.86M | 17.27M | 16.64M | 8.92M | 8.58M | 9.02M | 9.13M | 9.17M | 9.06M | 9.11M | 9.03M | 8.93M | 9.21M | 9.21M | 10.69M | 11.50M | 11.96M | 11.18M | 11.11M | 11.18M | 9.59M | 8.61M | 8.32M | 8.21M | 7.80M | 7.46M | 7.05M | 6.00M | 7.65M | 7.50M | 6.67M | 2.00M | 2.86M | 2.67M | 3.00M | 3.33M |
| Weighted Avg Shares Out (Dil) | 23.96M | 25.19M | 19.86M | 17.33M | 16.64M | 8.94M | 8.58M | 9.42M | 9.59M | 9.58M | 9.46M | 9.21M | 9.27M | 8.94M | 9.21M | 9.34M | 10.80M | 11.58M | 12.21M | 12.33M | 11.11M | 11.18M | 9.59M | 9.28M | 8.82M | 8.48M | 7.80M | 7.46M | 7.05M | 6.00M | 7.65M | 7.50M | 6.67M | 2.00M | 2.86M | 2.67M | 3.00M | 3.33M |
Let AI Power Your Trading Portfolio
The growing role of AI in investing
ClearOne to Present at the Emerging Growth Conference on June 14, 2023 at 1:10 p.m. ET
SALT LAKE CITY--(BUSINESS WIRE)--ClearOne, Inc. (NASDAQ: CLRO) (the "Company"), a global provider of audio and visual communication solutions, announced today that it will be presenting virtually at the upcoming Emerging Growth Conference on Wednesday, June 14, at 1:10 p.m. Eastern...
ClearOne, Inc. Reports First Quarter 2023 Financial Results
SALT LAKE CITY--(BUSINESS WIRE)--ClearOne (NASDAQ: CLRO), a global provider of audio and visual communication solutions, reported financial results for the three-month period ended March 31, 2023. “During the first quarter, we maintained our focus on developing unique products that meet...
ClearOne Clarified Ex-Dividend Date for Special One-time Cash Dividend
SALT LAKE CITY--(BUSINESS WIRE)--ClearOne (NASDAQ: CLRO) today clarified that the ex-dividend date will be June 1, 2023 for ClearOne’s previously announced one-time special cash dividend of $1.00 per share of ClearOne common stock, payable on May 31, 2023 to shareholders...
3 Top Strategies for Maximizing Penny Stock Profits Right Now
Use these strategies to maximize your penny stocks profits The post 3 Top Strategies for Maximizing Penny Stock Profits Right Now appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
ClearOne Announces a Special One-time Cash Dividend
SALT LAKE CITY--(BUSINESS WIRE)--ClearOne (NASDAQ: CLRO) today announced that its Board of Directors has declared a special one-time cash dividend of $1.00 per share of ClearOne common stock, payable on May 31, 2023 to shareholders of record on May 22,...
ClearOne, Inc. Reports Fourth Quarter 2022 Financial Results
SALT LAKE CITY--(BUSINESS WIRE)--ClearOne (NASDAQ: CLRO), a global provider of audio and visual communication solutions, reported financial results for the three and twelve month periods ended December 31, 2022. "The continued delays in the transition of our outsourced manufacturing from...
New ClearOne CHAT® 150 BT Group Speakerphone Enables Mobile Device Users to Experience Unrivaled Audio Quality
SALT LAKE CITY--(BUSINESS WIRE)--In response to the growing use of unified communications software applications and mobile devices for conference calls, ClearOne (NASDAQ: CLRO), a global market leader enabling conferencing, collaboration, and network streaming solutions, today introduced the new CHAT® 150...
ClearOne Returns to ISE 2023 with a New Line of Real World Communications and Collaboration Solutions
SALT LAKE CITY--(BUSINESS WIRE)--ClearOne (NASDAQ: CLRO), a global market leader enabling conferencing, collaboration, and network streaming solutions, will return to ISE 2023 (January 31—February 3 in Barcelona) with a complete range of solutions custom configured for small and medium sized...
ClearOne announces the appointment of Derek Graham as Permanent CEO
SALT LAKE CITY--(BUSINESS WIRE)--ClearOne (Nasdaq: CLRO), today announced that its Board of Directors has appointed Derek Graham as Chief Executive Officer (CEO), effective January 24. 2023. Derek Graham was appointed to the role of interim CEO in May 2022. Eric...
Source: https://incomestatements.info
Category: Stock Reports