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.