ClearOne Reports Fourth Quarter and Full-Year 2016 Financial Results

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ClearOne (CLRO) Misses Q4 EPS by 23c

March 14, 2017 9:11 AM EDT

ClearOne (NASDAQ: CLRO) reported Q4 EPS of ($0.02), $0.23 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $10.7 million versus the consensus estimate of $13.7 million.

Q4'16 revenue was $10.7 million, compared to $14.3 million in Q4'15. The year-over-year reduction reflects the transition to the... More