ClearOne, Inc., together with its subsidiaries, designs, develops, and sells conferencing, collaboration, and network streaming solutions for voice and visual communications in the United States and internationally. The company offers a range of audio conferencing products, including professional audio conferencing and sound-reinforcement products for use in enterprise, healthcare, education and distance learning, government, legal, and finance organizations; mid-tier premium conferencing products for smaller rooms, and small and medium businesses, which interface with video and Web conferencing systems; USB-based personal and group speakerphones that could be used with PCs, laptops, tablets, smartphones, and other portable devices; and traditional tabletop conferencing phones used in conference rooms and offices. It also provides video products, such as video conferencing and collaboration solutions; and AV networking, which deliver the IP A/V experience by streaming time sensitive high definition audio and video, and control over TCP/IP networks. In addition, the company offers professional microphones consisting of beamforming microphones, ceiling microphones, and wireless microphones. ClearOne, Inc. sells its commercial products to a network of independent professional audiovisual, information technology, and telecommunications distributors, as well as systems integrators, dealers, value-added resellers, and end-users. The company was incorporated in 1983 and is headquartered in Salt Lake City, Utah.
IPO Year:
Exchange: NASDAQ
Website: clearone.com
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On June 30, 2025, ClearOne (NASDAQ:CLRO) announced that its Board of Directors had declared a one-time special stock dividend on the Company's issued and outstanding shares of common stock, par value $0.001 per share (the "Common Stock"), and any Common Stock equivalents with dividend rights (the "Common Stock Equivalents"), to provide its legacy stockholders with a 100% stake in the proceeds from an eventual sale, if any, of all or substantially all of the Company's current assets and operations in one or more transactions (collectively, the "Asset Sale"). The Board of Directors fixed July 11, 2025 as the record date (the "Record Date") for the Special Stock Dividend, and the Special Stock
ClearOne (NASDAQ:CLRO) today announced that its Board of Directors has declared a one-time special stock dividend on the Company's issued and outstanding shares of common stock, par value $0.001 per share (the "Common Stock"), and any Common Stock equivalents with dividend rights (the "Common Stock Equivalents"), to provide its legacy stockholders with a 100% stake in the proceeds from any eventual sale of all or substantially all of the Company's current assets and operations in one or more transactions (collectively, the "Asset Sale"). This Special Stock Dividend is part of the Company's ongoing strategic process and in support of its previously disclosed plan to pursue one or more tran
- Full Year 2024 Operating Expenses decreased 9.8% vs prior year - - Q4 Revenue and Q4 Gross Margin increased 18.1% and 44.8%, respectively, vs. prior quarter - ClearOne (NASDAQ:CLRO), a global provider of audio and visual communication solutions, reported financial results for the three- and twelve-month periods ended December 31, 2024. "Throughout the fourth quarter, we maintained efforts to expand and accelerate shipments of our award-winning communication solutions, all while driving a leaner, more efficient cost structure," said Derek Graham, CEO of ClearOne. "We delivered strong momentum in the fourth quarter of 2024 with revenue increasing 18.1% sequentially compared to Q3 2024. G
ClearOne (NASDAQ:CLRO), a global market leader in conferencing, collaboration, and network streaming solutions, today introduced the UNITE 260N Pro, a professional 4K Ultra HD camera with NDI®|HX, designed to meet the requirements of NDI® workflows. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250124456549/en/UNITE® 260N Pro Camera (Photo: Business Wire) The UNITE 260N Pro Camera will be on display at ISE 2025 in Booth# 2N220 at Fira Barcelona Gran Vía Venue, Barcelona, Spain. "The UNITE 260N Pro camera eliminates the need for complex and costly setups," said Derek Graham, CEO of ClearOne. "The UNITE 260N Pro camera empowers
- Microphone revenue up 31% year over year- -Revenue from Asia including India, the Middle East, and Australia up 18% year over year - -Sequential and Year-over-Year OpEx Reductions Reflect Continued Benefits of Cost Optimization Initiatives - ClearOne (NASDAQ:CLRO), a global provider of audio and visual communication solutions, reported financial results for the three-month period ended March 31, 2024. "Revenue declined 12.8% sequentially and 13% year over year, primarily due to a significant decrease in revenues from the audio conferencing category, which includes our DSP mixer products. The revenue decline was regionally concentrated, affecting the USA, Europe, and China when com
– Q4 and Full Year 2023 OpEx Decreased 14% and 21% Year-Over-Year, Respectively – – Completed Outsourced Manufacturing Transition from China to Singapore in Q4 2023, Resulting in Normalized Product Output, and Reduced Backlog – ClearOne (NASDAQ:CLRO), a global provider of audio and visual communication solutions, reported financial results for the three- and twelve-month periods ended December 31, 2023. "Throughout the fourth quarter, we maintained efforts to expand and accelerate shipments of our award-winning communication solutions, all while driving a leaner, more efficient cost structure," said Derek Graham, CEO of ClearOne. "In line with our expectations, we completed our outsou
ClearOne (NASDAQ:CLRO) today announced that its Board of Directors has declared a one-time special cash dividend of $0.50 per share of ClearOne common stock, payable on April 10, 2024 to shareholders of record on April 2, 2024. Because the special cash dividend exceeds twenty-five percent (25%) of the value of the Company's common stock, in accordance with FINRA UPC (Uniform Practice Code) Rule 11140, a stockholder of the Company that sells shares of the Company's common stock on or prior to the payment date of April 10, 2024 will not receive the one-time special cash dividend for the Company shares that are sold. "We have decided to share this surplus with our shareholders, who continue
- Entered 2024 with Strong Balance Sheet and Lean Operational Foundation - - Completed Manufacturing Transition from China to Singapore in Q4 2023, Marking Key Milestone in Ongoing Production Improvements - - Regained Compliance with Nasdaq Minimum Bid Price Requirement - ClearOne, Inc. (NASDAQ:CLRO) ("ClearOne" or the "Company"), a global provider of audio and visual communication solutions, is providing a review of its 2023 operational and financial progress, along with several recent 2024 highlights. "2023 represented a key transition year for ClearOne," said Derek Graham, CEO of ClearOne. "Since my appointment as permanent CEO last January, we have focused on recovering from our
- Total Revenue Increased 31% Quarter-Over-Quarter, Supported by Continued Sequential and Year-Over-Year OpEx Reductions - - Progress with Backlog Shipments and New Product Launches Improve Foundation for Growth in the Second Half of 2023 - ClearOne (NASDAQ:CLRO), a global provider of audio and visual communication solutions, reported financial results for the three-month period ended June 30, 2023. "Our performance in the second quarter reflects our continued focus on evolving our innovative communication solutions, supported by our work to maintain an optimized cost structure," said Derek Graham, CEO of ClearOne. "We delivered strong sequential growth in our revenue and gross profit
ClearOne (NASDAQ:CLRO), a global provider of audio and visual communication solutions, reported financial results for the three-month period ended March 31, 2023. "During the first quarter, we maintained our focus on developing unique products that meet our partner and end user needs, supported by a leaner, improved cost structure," said Derek Graham, CEO of ClearOne. "We have continued to support a growing backlog for our core audio conferencing products, as well as roll out the new CHAT® 150 BT group speakerphone, and UNITE 260 Pro camera products we introduced in January. Though our first quarter revenues remained pressured by the ongoing transition of our outsourced manufacturing from
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ClearOne, Inc. (NASDAQ:CLRO), a technology innovator and global competitor in the conferencing, collaboration, and network streaming solutions market, today announced that it has entered into a definitive agreement to sell certain assets to Biamp Systems, LLC, a leading global provider of professional audio-visual solutions. This asset sale is part of ClearOne's ongoing strategic process and in support of its previously disclosed plan to pursue one or more transactions involving eventual sale of all or substantially all of the Company's current assets and operations. Under the terms of the agreement, Biamp will acquire intellectual property, product inventory, and customer data among othe
On June 30, 2025, ClearOne (NASDAQ:CLRO) announced that its Board of Directors had declared a one-time special stock dividend on the Company's issued and outstanding shares of common stock, par value $0.001 per share (the "Common Stock"), and any Common Stock equivalents with dividend rights (the "Common Stock Equivalents"), to provide its legacy stockholders with a 100% stake in the proceeds from an eventual sale, if any, of all or substantially all of the Company's current assets and operations in one or more transactions (collectively, the "Asset Sale"). The Board of Directors fixed July 11, 2025 as the record date (the "Record Date") for the Special Stock Dividend, and the Special Stock
ClearOne (NASDAQ:CLRO) today announced that its Board of Directors has declared a one-time special stock dividend on the Company's issued and outstanding shares of common stock, par value $0.001 per share (the "Common Stock"), and any Common Stock equivalents with dividend rights (the "Common Stock Equivalents"), to provide its legacy stockholders with a 100% stake in the proceeds from any eventual sale of all or substantially all of the Company's current assets and operations in one or more transactions (collectively, the "Asset Sale"). This Special Stock Dividend is part of the Company's ongoing strategic process and in support of its previously disclosed plan to pursue one or more tran
At a special meeting of stockholders held on May 30, 2025 (the "Special Meeting") of ClearOne, Inc. (NASDAQ:CLRO), the Company's stockholders approved a proposal to authorize a reverse stock split of the Company's issued and outstanding common stock, par value $0.001 per share (the "Common Stock") by a ratio of between 1-for-10 and 1-for-15. On May 21, 2025, the Company had previously announced that the Company expected to effect a 1-for-15 reverse stock split with a market effective date of June 3, 2025. Today the Company announced that the Company will effect a 1-for-15 reverse stock split of the Company's issued and outstanding Common Stock (the "Reverse Stock Split") effective at 5:00
At a special meeting of stockholders to be held on May 30, 2025 (the "Special Meeting") of ClearOne, Inc. (NASDAQ:CLRO), the Company's stockholders will vote to approve a proposal to authorize a reverse stock split of the Company's issued and outstanding common stock, par value $0.001 per share (the "Common Stock") by a ratio of between 1-for-10 and 1-for-15 (the "Reverse Stock Split Proposal"). Today the Company announced that, subject to stockholder approval of the Reverse Stock Split Proposal at the Special Meeting, the Company will effect a 1-for-15 reverse stock split of the Company's issued and outstanding Common Stock effective at 5:00 p.m. Eastern time on June 2, 2025 (the "Effecti
-Five new products introduced in Q1 2025- -Year-over-Year Cost Reductions Reflect Continued Benefits of Cost Optimization Initiatives- ClearOne (NASDAQ:CLRO), a global provider of audio and visual communication solutions, reported financial results for the three-month period ended March 31, 2025. In Q1 2025, ClearOne introduced five new products demonstrating continued commitment to meeting customer needs through innovation. One of those new products, the BMA 360DX, won a Best of Show award at the Integrated Systems Europe 2025 Exhibition in Barcelona, Spain. Revenue decreased 36% year over year, primarily due to a significant decrease in revenues from the audio conferencing category, wh
- Full Year 2024 Operating Expenses decreased 9.8% vs prior year - - Q4 Revenue and Q4 Gross Margin increased 18.1% and 44.8%, respectively, vs. prior quarter - ClearOne (NASDAQ:CLRO), a global provider of audio and visual communication solutions, reported financial results for the three- and twelve-month periods ended December 31, 2024. "Throughout the fourth quarter, we maintained efforts to expand and accelerate shipments of our award-winning communication solutions, all while driving a leaner, more efficient cost structure," said Derek Graham, CEO of ClearOne. "We delivered strong momentum in the fourth quarter of 2024 with revenue increasing 18.1% sequentially compared to Q3 2024. G
ClearOne, a global leader in conferencing, collaboration, and network streaming solutions, is returning to ISE 2025 (February 4–7) with a complete range of conferencing and collaboration solutions for every size of meeting space. The solutions will be showcased at Hall 2, Booth #2N220 at the Fira Barcelona Gran Vía Venue, Barcelona, Spain. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250130457240/en/BMA 360DX All-in-One Innovative Ceiling Tile (Photo: Business Wire) "We are excited to return to ISE to meet with our partners and showcase our latest innovations that usher in a new era in conferencing," said Derek Graham, CEO of
ClearOne, a global leader in conferencing, collaboration, and network streaming solutions, has announced the addition of a 4-channel Access Point and a 4-bay Dock to its award-winning DIALOG® UVHF Wireless Microphone System. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250127982287/en/DIALOG® UVHF Wireless Microphone (Photo: Business Wire) "We are excited to introduce these new additions to our DIALOG UVHF Wireless Microphone System," said Derek Graham, CEO of ClearOne. "The 4-channel Access Point and 4-bay Dock offer significant benefits like lower cost, system flexibility and a smaller form factor for the dock. This translat
ClearOne (NASDAQ:CLRO), a global market leader in conferencing, collaboration, and network streaming solutions, today introduced the UNITE 260N Pro, a professional 4K Ultra HD camera with NDI®|HX, designed to meet the requirements of NDI® workflows. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250124456549/en/UNITE® 260N Pro Camera (Photo: Business Wire) The UNITE 260N Pro Camera will be on display at ISE 2025 in Booth# 2N220 at Fira Barcelona Gran Vía Venue, Barcelona, Spain. "The UNITE 260N Pro camera eliminates the need for complex and costly setups," said Derek Graham, CEO of ClearOne. "The UNITE 260N Pro camera empowers
Live Leadership Updates
Derek Graham, current Senior Vice President of R&D elevated as the interim CEO The Board of Directors of ClearOne, Inc. (NASD: CLRO) today announced the termination of its Chief Executive Officer, Zee Hakimoglu, and the appointment of Derek Graham, Senior Vice President of Research & Development, as the interim Chief Executive Officer. "Derek Graham joined ClearOne in 2003 and has overseen the development and introduction of multiple generations of ClearOne products and has authored patents critical to ClearOne's success. I am confident that Derek will bring fresh perspectives to the challenges faced by ClearOne, energize our employees, and connect with our partners with trust and care,"
Forty-two year old manufacturer's rep firm has a long history of serving commercial and industrial contractors, distributors, and consultants for audio, data, video, and data products. Strengthening the representation of its entire product portfolio of Pro Audio, Conferencing, Video Collaboration, and AV Networking solutions across a range of vertical markets, ClearOne (NASDAQ:CLRO) today announced the appointment of Sound Marketing West to serve as its newest manufacturer representative in California, Nevada, and Hawaii. The appointment is effective immediately, according to ClearOne President & CEO Zee Hakimoglu. This press release features multimedia. View the full release here: https:/
ClearOne (NASDAQ:CLRO), a global provider of audio and visual communication solutions, announced that effective February 8, 2022 Eric L. Robinson was appointed by the Board of Directors to serve as Chairman of the Board. Mr. Robinson replaces Zeynep "Zee" Hakimoglu, who has served as a Director since April 2006 and as Chairman since July 2007. Ms. Hakimoglu will remain as a Director following this orderly transition. Mr. Robinson has been serving as a Director of ClearOne since July 2015 and he previously served as outside corporate and securities legal counsel to the Company. On his appointment, Mr. Robinson said "this is an exciting time in the audio and visual communication solutions m
SALT LAKE CITY, Jan. 07, 2021 (GLOBE NEWSWIRE) -- Strengthening its commitment to make its entire line of award-winning professional audio, video, collaboration and AV Networking solutions available to the widest possible customer base, ClearOne (NASDAQ: CLRO), a global provider of audio and visual communications solutions, today announced the appointment of ADI Global Distribution to serve as a distribution partner in the United States. “The United States market for professional grade audio, video and collaboration solutions is growing and expanding at a dramatic rate,” ClearOne Chair and CEO Zee Hakimoglu said today. “Professionals in all fields are adjusting to the permanent r
SALT LAKE CITY, Dec. 10, 2020 (GLOBE NEWSWIRE) -- Addressing further growth in the Eastern European AV markets, ClearOne, ClearOne (NASDAQ: CLRO), a global provider of audio and visual communications solutions, has appointed Chromasound PLC, based in Budapest, Hungary, as its newest distribution partner. Chromasound is focused on Pro Audio, Lighting, and AV integration in Hungary, known primarily for delivering the finest audio solutions to customers ranging from theatres and concert halls to stadiums for the past two decades. The company will now offer ClearOne’s entire portfolio of Audio Conferencing, Visual Collaboration, and AV Networking throughout Hungary. “This partnership is aime
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