ClearOne
ProfileJobs (1)

ClearOne

Suggest Edit
    • CommunicationsTechnologyaudiocommunication equipmentstreamingvideo conference

    ClearOne designs, develops and sells conferencing, collaboration, network streaming and digital signage solutions for audio/voice and visual communications. The Company provides a comprehensive line of high-quality conferencing products for personal use, as well as traditional tabletop, mid-tier premium, and higher-end professional products for large, medium and small businesses. ClearOne's products are used by large businesses and organizations such as enterprise, healthcare, education and distance learning, government, legal and finance.

    Revenue(FY, 2017)
    $41.8 M
    Market capitalization(2018-06-14)
    $37.4 M
    Type
    Public
    HQ
    Salt Lake City, US
    Founded
    1983
    Size (employees)
    151 (est)
    Website
    clearone.com
    ClearOne was founded in 1983 and is headquartered in Salt Lake City, US
    Report incorrect company information

    Key People/Management at ClearOne

    Zee Hakimoglu

    Zee Hakimoglu

    President, CEO and Chairman
    Narsi Narayanan

    Narsi Narayanan

    Vice President of Finance and Corporate Secretary
    Michael Braithwaite

    Michael Braithwaite

    Senior Vice President of Multimedia Streaming Business

    ClearOne Office Locations

    ClearOne has an office in Salt Lake City
    Salt Lake City, US (HQ)
    500 5225 Wiley Post Way
    Show all (1)
    Report incorrect company information

    ClearOne Financials and Metrics

    ClearOne Financials

    ClearOne's revenue was reported to be $41.80 m in FY, 2017
    USD

    Revenue (FY, 2017)

    		41.8 m

    Gross profit (FY, 2017)

    		24 m

    Gross profit margin (FY, 2017), %

    		57.4%

    Net income (FY, 2017)

    		(14.2 m)

    EBIT (FY, 2017)

    		(16.2 m)

    Market capitalization (14-Jun-2018)

    		37.4 m

    Closing share price (14-Jun-2018)

    		4.5

    Cash (31-Dec-2017)

    		5.6 m
    ClearOne's current market capitalization is $37.4 m.
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Revenue

    		49.6 m57.9 m57.8 m48.6 m41.8 m

    Revenue growth, %

    		17%0%(16%)

    Cost of goods sold

    		19.7 m22.6 m21.1 m19.2 m17.8 m

    Gross profit

    		29.9 m35.3 m36.7 m29.5 m24 m
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Revenue

    		12.4 m12.7 m14.1 m15.7 m13.6 m14 m15.9 m13 m12 m12.9 m11.7 m10.3 m10.6 m

    Cost of goods sold

    		4.9 m5 m6 m6.1 m5.1 m5 m5.7 m4.6 m4.3 m5.2 m5 m4.2 m4.1 m

    Gross profit

    		7.4 m7.7 m8.1 m9.6 m8.5 m9 m10.2 m8.5 m7.7 m7.7 m6.7 m6.1 m6.5 m

    Gross profit Margin, %

    		60%61%57%61%62%64%64%65%64%59%57%59%62%
    show all
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Cash

    		17.2 m7.4 m13.4 m12.1 m5.6 m

    Accounts Receivable

    Inventories

    		12.3 m12.8 m13.4 m11.4 m14.4 m

    Current Assets

    		48.1 m44.8 m46.1 m40.1 m33.9 m
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Cash

    		18.2 m7.6 m6.3 m8.9 m10.9 m10.9 m12.5 m13.9 m9.5 m12.3 m8.6 m3.4 m3 m

    Inventories

    		12.4 m12.6 m13.9 m14.3 m14.2 m14.5 m12.7 m12 m14.4 m17.1 m19.7 m

    Current Assets

    		45.9 m44.2 m40.7 m44.3 m47.3 m48.2 m49.5 m46.3 m42.4 m43.6 m40.7 m38.6 m38.3 m

    PP&E

    		2 m2.2 m2.2 m2.1 m1.9 m1.8 m1.5 m1.5 m1.5 m1.4 m1.5 m1.6 m1.6 m
    show all
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Net Income

    		5.2 m5.6 m6.8 m2.4 m(14.2 m)

    Depreciation and Amortization

    		1.4 m2 m2.1 m1.9 m1.5 m

    Inventories

    		(998 k)(2.6 m)(2.2 m)1.9 m(10.8 m)

    Accounts Payable

    		428 k(84 k)(242 k)733 k572 k
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

    Net Income

    		3.4 m490 k934 k1.6 m1.3 m2.8 m5.2 m1.4 m955 k1.2 m(468 k)

    Depreciation and Amortization

    		979 k319 k783 k1.3 m521 k1 m1.6 m483 k

    Inventories

    		(1.3 m)40 k(749 k)(1.1 m)(806 k)(1.4 m)(1.5 m)(964 k)12.7 m14.4 m

    Accounts Payable

    		1.2 m178 k(570 k)(298 k)820 k(19 k)(553 k)1.4 m2.1 m3.6 m4.9 m
    show all
    USDY, 2017

    Revenue/Employee

    		268.5 k

    Financial Leverage

    		1.2 x
    Show all financial metrics

    ClearOne Operating Metrics

    FY, 2014FY, 2015FY, 2016

    Resellers

    		562 461 341
    Show all operating metrics
    Report incorrect company information

    Competitors

    Streambox
    Communications - Private
    StarLeaf
    Communications - Private
    Limes Audio
    Communications - Subsidiary
    Be my eyes
    Technology - Private
    Compare competitors

    ClearOne Online and Social Media Presence

    Embed Graph
    Report incorrect company information

    ClearOne News and Updates

    June 13, 2018

    ClearOne Reports First Quarter 2018 Financial Results

    SALT LAKE CITY, June 13, 2018 /PRNewswire/ -- ClearOne (NASDAQ: CLRO), a global provider of audio and visual communication solutions, reported financial results for the three months ended March 31, 2018. "Our revenue achievement for the first quarter of 2018 did not meet our...
    Report incorrect company information
    Download PDF