ClearOne Communications (CLRO) Announces Quarterly Results
ClearOne Communications (NASDAQ:CLRO) announced its earnings results on Tuesday. The company reported $0.14 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.16 by $0.02, AmericanBankingNews.com reports. The company had revenue of $14.11 million for the quarter, compared to the consensus estimate of $12.22 million.
Shares of ClearOne Communications (NASDAQ:CLRO) opened at 9.3855 on Tuesday. ClearOne Communications has a 1-year low of $7.67 and a 1-year high of $14.30. The stock’s 50-day moving average is $9.80 and its 200-day moving average is $10.02. The company has a market cap of $86.9 million and a price-to-earnings ratio of 18.44.
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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