Clearone Inc (Nasdaq:CLRO)
July 13th, 2018
Amidst rising markets Clearone Inc finished Friday’s trading session down 1.39%, a $0.05 decrease to close on $3.55. As well as the drop in value, Clearone Inc hit a new 52 week low of $3.50, breaking the previous low of $3.55 from earlier this March.
CLRO was outperformed by the rest of the Information Technology sector which went down just 0.02%.
Clearone Inc Info
ClearOne, Inc., together with its subsidiaries, designs, develops, and sells conferencing, collaboration, streaming, and digital signage solutions for voice and visual communications in the United States and internationally. The company offers various professional audio communication products, including professional 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; and professional microphones for use in various applications. It also provides unified communications audio end points comprising traditional tabletop conferencing phones used in conference rooms and offices; and personal conferencing products that could be used with PCs, laptops, tablets, smartphones, and other portable devices. The company’s audio communication products and unified communications audio end points enhance communication during a conference call by eliminating echo and background noise. In addition, it offers visual communication products, such as video conferencing products; streaming products, which deliver the Internet protocol (IP) A/V experience by streaming time sensitive high definition audio and video and control over TCP/IP networks; and digital signage systems. The company sells its commercial products to a network of independent audiovisual, information technology, and telecommunications distributors, as well as independent systems integrators, dealers, value-added resellers, and end-users. ClearOne, Inc. was founded in 1983 and is headquartered in Salt Lake City, Utah.
All amounts in USD unless otherwise indicated
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