ClearOne Reports First Quarter 2017 Financial Results

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ClearOne (CLRO) Misses Q1 EPS by 16c

May 9, 2017 9:12 AM EDT

ClearOne (NASDAQ: CLRO) reported Q1 EPS of $0.02, $0.16 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $11.7 million versus the consensus estimate of $13.14 million.

"2017 is trending positively," said Zee Hakimoglu, president and chief executive officer. "In the first quarter, our new Converge® Pro 2... More