ClearOne (CLRO) Misses Q4 EPS by 1c
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ClearOne Reports Fourth Quarter and Full-Year 2015 Financial Results
March 10, 2016 9:20 AM ESTSALT LAKE CITY, March 10, 2016 /PRNewswire/ --Â
Fourth Quarter 2015 vs 2014 Highlights:
Revenue down 7% to $14.3 million Non-GAAP operating income down 4% Non-GAAP net income down 27% Non-GAAP adjusted EBITDA down 4%Full Year 2015 vs. 2014 Highlights:
Revenue of $57.8 million essentially unchanged from $57.9 million Gross profit up 4% to $36.7 million from $35.3 million Non-GAAP operating income up 29% Non-GAAP net income up 21% Non-GAAP adjusted EBITDA up 27%Financial Summary
(Dollars in thousands, except per share values)
Fourth Quarter
... MoreClearOne Announces $10 Million Stock Repurchase Program
March 10, 2016 9:10 AM ESTSALT LAKE CITY, March 10, 2016 /PRNewswire/ -- ClearOne (NASDAQ: CLRO) today announced that its Board of Directors has authorized the repurchase of up to $10 million of the company's outstanding shares of common stock. Under the program, repurchases may be made from time to time in open market or privately negotiated transactions depending on prevailing market conditions and other factors. The repurchase program may be suspended or discontinued at any time. Â
"This repurchase program demonstrates... More
