Clearone Inc Stock Price, News & Analysis

ClearOne (NASDAQ: CLRO) reported challenging Q1 2025 financial results with revenue declining 36% year-over-year to $2.3 million, down from $3.6 million in Q1 2024. The company's gross profit margin dropped significantly to 5% from 32% in Q1 2024, resulting in a net loss of $(2.8) million. Despite introducing five new innovative products, including the award-winning BMA 360DX, the company faced severe inventory sourcing challenges due to cash flow constraints. To address financial concerns, ClearOne secured a $1 million investment from Edward Bagley and entered into an agreement with RBW Capital Partners and Dawson James Securities to explore strategic alternatives, including potential merger, sale, or spin-off options. The company continued its cost optimization efforts, reducing sales and research expenses by 15% and 23% respectively year-over-year.

ClearOne (NASDAQ: CLRO) reported Q4 2024 financial results with mixed performance. Q4 revenue was $3.0 million, up 18.1% from Q3 2024 but down from $4.2 million in Q4 2023. Gross margin improved 44.8% quarter-over-quarter to 30%, though down from 38% year-over-year.

The company reduced full-year 2024 operating expenses by 9.8% compared to 2023. Q4 2024 resulted in a GAAP net loss of $(2.2) million, or $(0.09) per share, compared to net income of $2.6 million in Q4 2023. Cash position ended at $1.4 million with no secured debt.

Notable developments include the launch of DIALOG® 20 USB 2-Channel Wireless Microphone and a special one-time cash dividend of $0.50 per share announced in March 2024. The company faced challenges from slower order flow and lack of Microsoft Teams certification.

ClearOne announces its participation at ISE 2025 (February 4-7) in Barcelona, where it will showcase its latest conferencing and collaboration solutions at Hall 2, Booth #2N220. The company will present several new products, including the BMA 360DX, an all-in-one ceiling tile combining beamforming microphone array, DSP processor, and multi-channel amplifier.

Key products on display include the Versa 120D, a USB-C docking station with Dante audio networking, the DIALOG AERO wireless microphone system, and the UNITE 260N Pro 4K Ultra HD camera with NDI|HX support. ClearOne will also introduce new additions to its DIALOG UVHF Wireless Microphone System, featuring a 4-Channel Access Point and 4-Bay Dock.

The company will demonstrate solutions for various room sizes, from small environments using the CHAT 150 BT Speakerphone to larger spaces utilizing the BMA 360 and CONVERGE Pro 2 systems.

ClearOne has expanded its DIALOG® UVHF Wireless Microphone System with two new additions: a 4-channel Access Point and a 4-bay Dock. The system now offers flexibility between 8 or 4 Dante channels Access Points and Charger Docks for 8 or 4 microphones.

The lightweight plenum-rated access point features versatile mounting options and Dante-powered technology. The system provides up to 350 usable frequencies and includes features such as antenna redundancy, diversity, and Power over Ethernet (PoE). It supports various microphone types including lavalier, lanyard, and headset-type bodypack options.

The system is compatible with major collaboration platforms like Microsoft Teams®, Google Meet®, Zoom®, and WebEx®, and comes with a three-year warranty. An optional Dante interface offers eight Euroblock balanced analog outputs, USB audio output, and eight GPIOs.

ClearOne (NASDAQ: CLRO) has unveiled the UNITE 260N Pro, a professional 4K Ultra HD camera with NDI®|HX integration, at ISE 2025. The camera features 20X optical zoom and 16X digital zoom capabilities, along with motorized pan-tilt-zoom (PTZ) functionality.

Key features include AI-powered smart face tracking, customizable zone tracking, and auto framing capabilities. The camera incorporates a high SNR CMOS sensor with 2D and 3D noise reduction for superior low-light performance. It supports multiple control interfaces including USB, Ethernet, RS-485, and RS-232.

The UNITE 260N Pro offers local MP4 recording functionality and is compatible with major platforms like Microsoft Teams, Google Meet, Zoom, and WebEx. The NDI integration enables instant discovery within standard IP networks, allowing for high-quality, low-latency video transmission with simplified setup.

ClearOne has unveiled the DIALOG® AERO, a two-channel digital wireless microphone system featuring UHF wideband technology with over 100 MHz of RF tuning range. The system boasts less than 4 ms end-to-end audio latency and includes a modular expandable 2-bay smart dock that can be scaled up to eight channels.

Key features include auto-scan functionality for optimal channel selection, detachable antennas with a 5-foot extension kit, and flexible powering options including rechargeable Li-Ion AA batteries, NiMH AA batteries, standard AA batteries, or USB-C. The receiver offers professional connectivity through balanced XLR outputs and an unbalanced 1/4-inch mixed output.

The system includes remote management capabilities via Aero Console software and is compatible with major collaboration platforms like Microsoft Teams®, Google Meet®, Zoom®, and WebEx®. The product will be showcased at ISE 2025 in Barcelona.

ClearOne (NASDAQ: CLRO) has announced the launch of Versa® 120D USB-C Docking Station with Dante®, a new solution designed to enhance hybrid meeting experiences. The device combines USB-C docking capabilities with Dante audio networking in a single unit, specifically targeting Pro AV integrators and BYOD workflows.

Key features include integration with ClearOne's BMA 360D beamformer, UNITE® cameras, and CHAT® audio devices. The Versa 120D offers 100W charging, USB4 support, and DP 1.4 Alt Mode. It supports dual 4K60 displays or single 8K30 display, with data transfer speeds up to 40 Gbps. The device includes 10/100/1000 Base-T auto-negotiation, Ethernet pass-through, and compatibility with Audinate's Dante Controller software.

The product features HDCP security (versions 1.4, 2.2, and 2.3) and meets TAA requirements, making it suitable for government and educational use. It supports BYOM video/audio conferencing and in-room presentations across various workspace settings.

ClearOne has launched the BMA 360DX, an innovative all-in-one ceiling tile solution that combines a beamforming microphone array, integrated DSP processor with Dante®, and built-in multi-channel amplifier. The product features advanced technologies including FiBeam™ for natural audio quality, DsBeam™ for superior noise rejection, and 7G Acoustic Echo Cancellation for clear communication.

The BMA 360DX offers native camera tracking support, Voice Lift feature for multiple zones coverage, and integrated power amplifiers configurable as 4x15 Watt or 2x30 Watt. The solution is compatible with major collaboration platforms like Microsoft Teams®, Google Meet®, Zoom®, and WebEx®. The system can be managed through CONSOLE® One software and CONVERGENCE® AV Manager, providing easy setup and monitoring capabilities.

ClearOne (NASDAQ: CLRO) reported Q3 2024 financial results showing a 42% year-over-year revenue decline to $2.5 million, primarily due to decreased audio conferencing sales. The company saw an 8.7% sequential revenue increase from Q2 2024, suggesting recovery from prior production challenges. Gross profit margin was 24% in Q3 2024, down from 33% in Q3 2023. Operating expenses improved to $2.8 million, down 10.1% sequentially and 9.33% year-over-year. The company reported a GAAP net loss of $(2.1) million, or $(0.09) per share, compared to $(1.4) million, or $(0.06) per share in Q3 2023.