11-8-17 9:35 AM EST | Email Article

SALT LAKE CITY (AP) _ ClearOne Inc. (CLRO) on Wednesday reported a third-quarter loss of $9.3 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Salt Lake City-based company said it had a loss of $1.09. Earnings, adjusted for one-time gains and costs, came to 9 cents per share.

The provider of videoconferencing products posted revenue of $10.6 million in the period.

ClearOne shares have decreased 37 percent since the beginning of the year. The stock has declined 33 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CLRO at https://www.zacks.com/ap/CLRO

Add a Comment

Try Premium Membership today. Your first 14 days are free of charge. Start my Premium Membership Trial.
Sponsored Links
Buy a Link Now
Sponsor Center
Content Partners