ClearOne Q1 EPS $(0.07) Up From $(0.09) YoY, Sales $3.62M Down From $4.18M YoY
Portfolio Pulse from Benzinga Newsdesk
ClearOne (NASDAQ:CLRO) reported Q1 earnings per share (EPS) of $(0.07), an improvement from $(0.09) YoY. Sales decreased to $3.62M from $4.18M YoY.

May 20, 2024 | 12:04 pm
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ClearOne reported a Q1 EPS of $(0.07), an improvement from $(0.09) YoY, but sales decreased to $3.62M from $4.18M YoY.
While the EPS has improved, the decrease in sales may concern investors. The mixed results could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100