NASDAQ:CLRO - Clearone Stock Price, Forecast & News

Clearone trades on the NASDAQ under the ticker symbol "CLRO."

Clearone Inc (NASDAQ:CLRO) released its quarterly earnings results on Thursday, November, 14th. The communications equipment provider reported ($0.09) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.10) by $0.01. The communications equipment provider had revenue of $5.99 million for the quarter. Clearone had a negative return on equity of 15.17% and a negative net margin of 34.55%. View Clearone's Earnings History.

Clearone is scheduled to release their next quarterly earnings announcement on Tuesday, April 21st 2020. View Earnings Estimates for Clearone.

Media coverage about CLRO stock has trended negative on Tuesday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Clearone earned a coverage optimism score of -2.0 on InfoTrie's scale. They also assigned headlines about the communications equipment provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Clearone.

Clearone saw a decline in short interest during the month of November. As of November 15th, there was short interest totalling 115,000 shares, a decline of 15.9% from the October 31st total of 136,800 shares. Based on an average trading volume of 8,100 shares, the days-to-cover ratio is currently 14.2 days. Approximately 1.4% of the shares of the company are short sold. View Clearone's Current Options Chain.

Some companies that are related to Clearone include Communications Systems (JCS), Sonim Technologies (SONM), AltiGen Communications (ATGN), Zoom Telephonics (ZMTP), Franklin Wireless (FKWL), Westell Technologies (WSTL), One Horizon Group (OHGI), Sunworks (SUNW), MER Telemanagement Solutions (MTSL), Alvarion (ALVRQ), Electronic Tele-Communications (ETCIA), Lattice (LTTC) and Zoom Technologies (ZOOM).

Based on aggregate information from My MarketBeat watchlists, some companies that other Clearone investors own include Honda Motor (HMC), Landec (LNDC), NII (NIHD), Comerica (CMA), Advanced Accelerator Application (AAAP), Allena Pharmaceuticals (ALNA), AXT (AXTI), Consolidated Communications (CNSL), Corbus Pharmaceuticals (CRBP) and Westwater Resources (WWR).

Shares of CLRO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of CLRO stock can currently be purchased for approximately $1.75.

Clearone has a market capitalization of $29.14 million and generates $28.16 million in revenue each year. Clearone employs 130 workers across the globe.View Additional Information About Clearone.

The official website for Clearone is http://www.clearone.com/.

Clearone's mailing address is 5225 WILEY POST WAY SUITE 500, SALT LAKE CITY UT, 84116. The communications equipment provider can be reached via phone at 801-975-7200 or via email at [email protected]