I would assume now that the re-audits are complete, we should see reports get back to the normal schedule. Being that this is the Yearend report, we should see something in the next month.
Headline suppose to be Where, not Were. Trying to type anything into Yahoo is a #$%$ shoot with all the ad's that mess with your browser.
Huge miss because the ANALyst can't figure out their #$%$ from hole in the ground. Did you also notice that they UNDER estimated revenues by over 20%.
An article from Investopedia mentions ClearOne as a global distributor of "Digital Signage". Are you kidding me! And you wonder why CLRO can't get any ANALyst to cover them.
But at $2.70 they had the silver lining of the huge MSA backlog and the hope that they were done with these "unexpected" charges or cost overruns continuing. I'll agree that the stock looks compelling (still hold a portion of my GV shares), but as mentioned previously, they need to eliminate the "recurring" - non-recurring expenses that seem to wipe out most of the profits they generate from the MSA work.
Dalton, "when they have a clean qtr." That's a BIG IF! I've followed their quarterly reports for the last 3 years, and there is always some sort of "non-recurring" expense that comes thru. Until they can show two or three back to back reports of "clean" numbers, there will always be a black cloud overhanging this stock.
"non repeatable" in the sense that it may not be TX project related, but they do seem to have a lot of "repeatable'' "non-repeatable" charges.
"substantially completed our unprofitable Texas Projects". Does this mean there may still be more charge offs in Q3?
Looking at the SEC Filings, I'd say they are shares acquired thru a payroll/compensation plan. Note the dates are about every two weeks (end/first of month and middle of month). The reason there is not price paid, is probably because the shares are from ones previously bought by the company.
I doubt having a higher dividend will have much impact on Institutional investments in CLRO. The reason is that with such a low share Float, II's cannot trade enough shares without causing the share price to fluctuate widely.