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ClearOne, Inc. (DE) - CLRO STOCK NEWS

Welcome to our dedicated page for ClearOne (DE) news (Ticker: CLRO), a resource for investors and traders seeking the latest updates and insights on ClearOne (DE) stock.

ClearOne, Inc. (DE) Common Stock (symbol: CLRO) is a global leader in designing, developing, and selling innovative solutions for conferencing, collaboration, network streaming, and digital signage. With over 20 years in the business, ClearOne serves a wide range of organizations worldwide, including small enterprises, Fortune 1000 companies, as well as domestic and international governments and educational institutions.

Core Areas of Business:

  • Conferencing: ClearOne dominates the professional conferencing market with over 54% global market share, specializing in audio conferencing technologies. Their advanced solutions offer unparalleled functionality, reliability, and scalability.
  • Collaboration: The company develops products that enhance team collaboration, including DSP mixers, amplifiers, professional cameras, and microphones. These products are designed to meet the needs of various verticals such as education, healthcare, finance, and government.
  • Network Streaming & Signage: ClearOne’s solutions for network streaming and digital signage provide robust performance for voice and visual communications. Their video walls and streaming technologies are widely used due to their reliability and high quality.

Recent Achievements and Financial Condition:

ClearOne continues to innovate, with a broad portfolio of award-winning products benefiting from their leadership in distributed echo cancellation, automatic microphone mixing, and signal processing. The company's financial health is reinforced by its comprehensive product demand across the United States and international markets.

ClearOne sells its commercial products primarily through a network of independent distributors who then offer these products to dealers, systems integrators, and other resellers. This strategic approach helps the company maintain a strong market presence and accessibility to various end-users.

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ClearOne announces its participation at ISE 2025 (February 4-7) in Barcelona, where it will showcase its latest conferencing and collaboration solutions at Hall 2, Booth #2N220. The company will present several new products, including the BMA 360DX, an all-in-one ceiling tile combining beamforming microphone array, DSP processor, and multi-channel amplifier.

Key products on display include the Versa 120D, a USB-C docking station with Dante audio networking, the DIALOG AERO wireless microphone system, and the UNITE 260N Pro 4K Ultra HD camera with NDI|HX support. ClearOne will also introduce new additions to its DIALOG UVHF Wireless Microphone System, featuring a 4-Channel Access Point and 4-Bay Dock.

The company will demonstrate solutions for various room sizes, from small environments using the CHAT 150 BT Speakerphone to larger spaces utilizing the BMA 360 and CONVERGE Pro 2 systems.

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ClearOne has expanded its DIALOG® UVHF Wireless Microphone System with two new additions: a 4-channel Access Point and a 4-bay Dock. The system now offers flexibility between 8 or 4 Dante channels Access Points and Charger Docks for 8 or 4 microphones.

The lightweight plenum-rated access point features versatile mounting options and Dante-powered technology. The system provides up to 350 usable frequencies and includes features such as antenna redundancy, diversity, and Power over Ethernet (PoE). It supports various microphone types including lavalier, lanyard, and headset-type bodypack options.

The system is compatible with major collaboration platforms like Microsoft Teams®, Google Meet®, Zoom®, and WebEx®, and comes with a three-year warranty. An optional Dante interface offers eight Euroblock balanced analog outputs, USB audio output, and eight GPIOs.

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ClearOne (NASDAQ: CLRO) has unveiled the UNITE 260N Pro, a professional 4K Ultra HD camera with NDI®|HX integration, at ISE 2025. The camera features 20X optical zoom and 16X digital zoom capabilities, along with motorized pan-tilt-zoom (PTZ) functionality.

Key features include AI-powered smart face tracking, customizable zone tracking, and auto framing capabilities. The camera incorporates a high SNR CMOS sensor with 2D and 3D noise reduction for superior low-light performance. It supports multiple control interfaces including USB, Ethernet, RS-485, and RS-232.

The UNITE 260N Pro offers local MP4 recording functionality and is compatible with major platforms like Microsoft Teams, Google Meet, Zoom, and WebEx. The NDI integration enables instant discovery within standard IP networks, allowing for high-quality, low-latency video transmission with simplified setup.

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ClearOne has unveiled the DIALOG® AERO, a two-channel digital wireless microphone system featuring UHF wideband technology with over 100 MHz of RF tuning range. The system boasts less than 4 ms end-to-end audio latency and includes a modular expandable 2-bay smart dock that can be scaled up to eight channels.

Key features include auto-scan functionality for optimal channel selection, detachable antennas with a 5-foot extension kit, and flexible powering options including rechargeable Li-Ion AA batteries, NiMH AA batteries, standard AA batteries, or USB-C. The receiver offers professional connectivity through balanced XLR outputs and an unbalanced 1/4-inch mixed output.

The system includes remote management capabilities via Aero Console software and is compatible with major collaboration platforms like Microsoft Teams®, Google Meet®, Zoom®, and WebEx®. The product will be showcased at ISE 2025 in Barcelona.

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ClearOne (NASDAQ: CLRO) has announced the launch of Versa® 120D USB-C Docking Station with Dante®, a new solution designed to enhance hybrid meeting experiences. The device combines USB-C docking capabilities with Dante audio networking in a single unit, specifically targeting Pro AV integrators and BYOD workflows.

Key features include integration with ClearOne's BMA 360D beamformer, UNITE® cameras, and CHAT® audio devices. The Versa 120D offers 100W charging, USB4 support, and DP 1.4 Alt Mode. It supports dual 4K60 displays or single 8K30 display, with data transfer speeds up to 40 Gbps. The device includes 10/100/1000 Base-T auto-negotiation, Ethernet pass-through, and compatibility with Audinate's Dante Controller software.

The product features HDCP security (versions 1.4, 2.2, and 2.3) and meets TAA requirements, making it suitable for government and educational use. It supports BYOM video/audio conferencing and in-room presentations across various workspace settings.

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ClearOne has launched the BMA 360DX, an innovative all-in-one ceiling tile solution that combines a beamforming microphone array, integrated DSP processor with Dante®, and built-in multi-channel amplifier. The product features advanced technologies including FiBeam™ for natural audio quality, DsBeam™ for superior noise rejection, and 7G Acoustic Echo Cancellation for clear communication.

The BMA 360DX offers native camera tracking support, Voice Lift feature for multiple zones coverage, and integrated power amplifiers configurable as 4x15 Watt or 2x30 Watt. The solution is compatible with major collaboration platforms like Microsoft Teams®, Google Meet®, Zoom®, and WebEx®. The system can be managed through CONSOLE® One software and CONVERGENCE® AV Manager, providing easy setup and monitoring capabilities.

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ClearOne (NASDAQ: CLRO) reported Q3 2024 financial results showing a 42% year-over-year revenue decline to $2.5 million, primarily due to decreased audio conferencing sales. The company saw an 8.7% sequential revenue increase from Q2 2024, suggesting recovery from prior production challenges. Gross profit margin was 24% in Q3 2024, down from 33% in Q3 2023. Operating expenses improved to $2.8 million, down 10.1% sequentially and 9.33% year-over-year. The company reported a GAAP net loss of $(2.1) million, or $(0.09) per share, compared to $(1.4) million, or $(0.06) per share in Q3 2023.

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ClearOne (NASDAQ: CLRO) reported Q2 2024 financial results, showing a significant revenue decline of 58% sequentially and 39% year-over-year. The company attributes this decline primarily to past production shortages and lack of Microsoft Teams certification. Key highlights include:

- Revenue: $2.3 million, down from $5.5 million in Q2 2023
- GAAP gross profit: $(0.02) million, compared to $1.8 million in Q2 2023
- GAAP net loss: $(2.8) million, or $(0.12) per share
- Non-GAAP net loss: $(2.7) million, or $(0.11) per share

Despite challenges, ClearOne reduced operating expenses by 10.1% sequentially and 9.33% year-over-year. The company introduced new products and saw increased interest at Infocomm 2024, capturing 60% more sales leads compared to the previous year.

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ClearOne (NASDAQ: CLRO), a leader in conferencing, collaboration, and network streaming solutions, has appointed FVC as its distributor for the Middle East and Africa. FVC, known for its expertise and customer service, has over 20 years of experience in the region. This partnership aims to enhance ClearOne's reach and market penetration, leveraging FVC's strong presence and technical prowess. FVC's clients will gain access to ClearOne's advanced audio-visual solutions, supporting modern hybrid work and learning environments. This collaboration is set to expand FVC's portfolio with cutting-edge technologies that bring immediate results.

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ClearOne (NASDAQ: CLRO) will showcase its advanced AV collaboration and conferencing solutions at InfoComm 2024 in Las Vegas from June 12-14 at Booth #C7009. The exhibit will feature a demo room where attendees can experience ClearOne's products, including the UNITE® 160 camera, BMA 360D beamforming microphone, Versa Mediabar® Video Soundbar, and more. ClearOne will also demonstrate the Versa Lite BMA 360D, a bundle combining BMA 360D Dante® microphone array and Versa® USB22D adapter. Key integrations with Barco, Aver, Q-SYS, and others will be highlighted. The DIALOG® UVHF Wireless Microphone System will also be displayed, showcasing its flexibility and Power over Ethernet (PoE) simplicity. Enhancements to the UNITE 260 Pro Camera, such as customizable zone tracking, will also be presented.

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FAQ

What is the current stock price of ClearOne (DE) (CLRO)?

The current stock price of ClearOne (DE) (CLRO) is $0.529 as of January 29, 2025.

What is the market cap of ClearOne (DE) (CLRO)?

The market cap of ClearOne (DE) (CLRO) is approximately 13.4M.

What does ClearOne, Inc. specialize in?

ClearOne, Inc. specializes in designing, developing, and selling conferencing, collaboration, network streaming, and digital signage solutions.

How long has ClearOne been in business?

ClearOne has been in business for over 20 years.

Which sectors use ClearOne's products?

ClearOne's products are used in sectors like education, enterprise, government/legal, healthcare, finance, and houses of worship.

What is ClearOne's market share in professional conferencing?

ClearOne holds over 54% of the global market share in professional conferencing.

Who are the typical customers of ClearOne?

ClearOne's customers include small enterprises, Fortune 1000 companies, domestic and international governments, and educational institutions.

What are some of the products offered by ClearOne?

ClearOne offers DSP mixers, amplifiers, video walls, professional cameras, and microphones among other products.

How does ClearOne distribute its products?

ClearOne sells its products through a network of independent distributors who then sell to dealers, systems integrators, and other resellers.

What recent achievements has ClearOne made?

ClearOne continues to innovate with a broad portfolio of award-winning products benefiting from leadership in areas like distributed echo cancellation and automatic microphone mixing.

Where does ClearOne have its business presence?

ClearOne has a business presence across the United States and international markets.

What makes ClearOne's solutions reliable and scalable?

ClearOne's solutions are known for their advanced functionality, reliability, and scalability, making them suitable for various professional applications.
ClearOne, Inc. (DE)

Nasdaq:CLRO

CLRO Rankings

CLRO Stock Data

13.42M
12.36M
48.42%
5.81%
0.06%
Communication Equipment
Telephone & Telegraph Apparatus
Link
United States of America
SALT LAKE CITY