ClearOne Communications (CLRO) Releases Quarterly Earnings Results, Beats Expectations By $0.07 EPS
ClearOne Communications (NASDAQ:CLRO) released its earnings data on Thursday. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.07, AnalystRatings.NET reports.
ClearOne Communications (NASDAQ:CLRO) traded up 6.32% during mid-day trading on Thursday, hitting $8.75. The stock had a trading volume of 39,048 shares. ClearOne Communications has a 52-week low of $3.76 and a 52-week high of $9.81. The stock’s 50-day moving average is $8.28 and its 200-day moving average is $8.29. The company has a market cap of $79.4 million and a price-to-earnings ratio of 2.82.
ClearOne Communications, Inc (NASDAQ:CLRO) is a communications solutions company that develops and sells audio conferencing systems and related products for audio, video and Web conferencing systems and applications.
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