Clearone

CLRO · NASDAQ

$1.89+$0.17 (+9.88%)TodayMarket closed · Oct 20, 7:59 PM ET

Prev close $1.72

About CLRO

ClearOne, Inc. engages in the design, development, and marketing of professional audio conferencing, microphone, and video collaboration solutions. The company is headquartered in Salt Lake City, Utah. The firm designs, develops and sells conferencing, collaboration, and AV networking solutions for voice and visual communications. Its product categories include audio-conferencing, including installed DSP-based professional audio conferencing and USB-based speakerphones; professional microphones consisting of patented beamforming microphone arrays, ceiling microphones and wireless microphones, and video, including video collaboration and AV networking products. Its audio-conferencing products feature its proprietary HDConference, Distributed Echo Cancellation and noise cancellation technologies to enhance communication during a conference call by eliminating echo and background noise. Its professional conferencing products include the CONVERGE Pro 2 and CONVERGE Pro 2 SR product lines. Its premium conferencing offering consists of the CONVERGE Huddle product line.

Employees: 80
Headquarters: Salt Lake City, Utah
Listed: Mar 3, 1989
Sector: Information Technology
Industry: Communications Equipment
Website: clearone.com

Leadership

Clearone executives
Name	Title	Age
Eric Robinson	—	58
Derek Graham	—	57
Simon Brewer	—	46
Eric Boehnke	—	—
Lisa Higley	—	57
Youngsun Park	—	—
Larry Hendricks	—	81
Bruce Whaley	—	74

Revenue by product and region

Fiscal year ended Dec 31, 2018: $28.16M total revenue

By product

Equipment Sales [Member]$27.37M97.2%
Audio Conferencing [Member]$13.95M49.5%
Microphones [Member]$9.01M32.0%
Video Products [Member]$5.20M18.5%
Software and Licenses [Member]$787.00K2.8%

By region

Americas [Member]$16.53M58.7%
UNITED STATES$14.78M52.5%
All Other Countries [Member]$13.37M47.5%
Asia Middle East and Australia [Member]$7.92M28.1%
Europe and Africa [Member]$3.70M13.1%

Suppliers and customers

Price correlation is over one year: 1 means the stocks move together, -1 opposite

Clearone suppliers and customers
Company	Relationship	Country	Correlation
Avaya Hldgs AVYA	Supplier and customer	US	0.80
Meta Platforms A FB	Customer	US	0.80
SAP SAP.DE	Customer	DE	0.67
Flex Ltd FLEX	Supplier and customer	SG	0.44
NIKE B NKE	Customer	US	0.43
Volvo B	Customer	SE	0.43
Cisco Systems CSCO	Supplier and customer	US	-0.02
Redington India	Customer	IN	-0.29
Microsoft MSFT	Supplier and customer	US	-0.39
Nestle NESN.SW	Customer	CH	-0.66

Similar companies

Companies in the same industry as Clearone

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