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ClearOne: 1Q Earnings Snapshot

SALT LAKE CITY (AP) _ ClearOne Inc. (CLRO) on Wednesday reported a loss of $1.8 million in its first quarter.

On a per-share basis, the Salt Lake City-based company said it had a loss of 11 cents. Losses, adjusted for amortization costs and stock option expense, came to 9 cents per share.

The provider of videoconferencing products posted revenue of $5.7 million in the period.

In the final minutes of trading on Wednesday, the company's shares hit $1.64. A year ago, they were trading at $2.20.


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