ClearOne (CLRO) Tops Q1 EPS by 3c

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ClearOne Reports 2016 First Quarter Revenue and Net Income

May 5, 2016 9:02 AM EDT

SALT LAKE CITY, May 5, 2016 /PRNewswire/ --

First Quarter 2016 Highlights:

Revenue down 4% to $13.0 million Gross margin increased to 65% from 62% Non-GAAP operating income remained almost the same Non-GAAP net income up 5% Non-GAAP diluted EPS remains the same

Financial Summary

(Dollars in thousands, except per share values)

First Quarter

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