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

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