clearone is a global company that designs, develops and sells conferencing, collaboration, and network streaming & signage solutions for voice and visual communications. the performance and simplicity of its advanced, comprehensive solutions offer unprecedented levels of functionality, reliability and scalability. in business for over 20 years, our products are used by thousands of organizations worldwide from small enterprises to the fortune 1000, as well as domestic, international governments & educational institutions. our customers include a diverse group of market verticals such as education, enterprise, government/legal, healthcare, finance & houses of worship. we dominate the professional conferencing space with over 54% global market share & is a pioneer in audio conferencing technologies. we have developed a broad portfolio of award-winning products that benefit from our innovative leadership in areas such as distributed echo cancellation, automatic microphone mixing, signal r
Company profile
Ticker
CLRO
Exchange
Website
CEO
Zeynep B. Hakimoglu
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
CIENA • Netgear • ADTRAN • Plantronics • Infinera • Fabrinet • Westell • Audiocodes • Pineapple Energy • Sonim ...
Former names
CLEARONE COMMUNICATIONS INC, GENTNER COMMUNICATIONS CORP
SEC CIK
Corporate docs
Subsidiaries
NetStreams, Inc. • NetStreams, LLC. • ClearOne Web Solutions, Inc. • ClearOne Communications Hong Kong Limited • ClearOne Ltd. • ClearOne Innovation India Private Ltd. ...
IRS number
870398877
CLRO stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
16 Apr 24
8-K
ClearOne, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results
3 Apr 24
10-K
2023 FY
Annual report
1 Apr 24
8-K
ClearOne Announces a Special One-time Cash Dividend
11 Mar 24
8-K
Departure of Directors or Certain Officers
1 Mar 24
8-K
ClearOne Reviews 2023 Operational and Financial Progress, Provides Early 2024 Highlights
22 Feb 24
8-K
ClearOne Announces Significant Balance Sheet Improvements
29 Dec 23
8-K
Entry into a Material Definitive Agreement
27 Dec 23
DEF 14A
Definitive proxy
21 Nov 23
8-K
ClearOne, Inc. Reports Third Quarter 2023 Financial Results
14 Nov 23
Transcripts
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 13.69 mm | 13.69 mm | 13.69 mm | 13.69 mm | 13.69 mm | 13.69 mm |
Cash burn (monthly) | 464.00 k | (no burn) | 496.33 k | (no burn) | 592.33 k | (no burn) |
Cash used (since last report) | 3.09 mm | n/a | 3.30 mm | n/a | 3.94 mm | n/a |
Cash remaining | 10.61 mm | n/a | 10.39 mm | n/a | 9.75 mm | n/a |
Runway (months of cash) | 22.9 | n/a | 20.9 | n/a | 16.5 | n/a |
Institutional ownership, Q2 2023
7.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 18 |
Opened positions | 8 |
Closed positions | 1 |
Increased positions | 4 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 697.76 mm |
Total shares | 1.74 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Renaissance Technologies | 838.07 k | $694.00 k |
Vanguard | 363.06 k | $300.58 mm |
Geode Capital Management | 128.41 k | $106.31 mm |
Citadel Advisors | 74.57 k | $61.74 mm |
UBS UBS Group AG - Registered Shares | 67.11 k | $55.57 mm |
Marshall Wace | 64.81 k | $53.79 mm |
VIRT Virtu Financial | 63.08 k | $52.00 k |
STT State Street | 38.80 k | $32.12 mm |
BLK Blackrock | 32.86 k | $27.21 mm |
Kestra Private Wealth Services | 25.93 k | $21.47 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Dec 23 | Bagley Edward D | Common Stock | Buy | Acquire P | No | No | 0.8225 | 9,541 | 7.85 k | 10,590,528 |
13 Dec 23 | Bagley Edward D | Common Stock | Buy | Acquire P | No | No | 0.81 | 4,019 | 3.26 k | 10,580,987 |
12 Dec 23 | Bagley Edward D | Common Stock | Buy | Acquire P | No | No | 0.805 | 11,582 | 9.32 k | 10,576,968 |
11 Dec 23 | Bagley Edward D | Common Stock | Buy | Acquire P | No | No | 0.8088 | 14,171 | 11.46 k | 10,565,386 |
6 Dec 23 | Bagley Edward D | Common Stock | Buy | Acquire P | No | No | 0.79 | 10,476 | 8.28 k | 10,551,215 |
4 Dec 23 | Bagley Edward D | Common Stock | Buy | Acquire P | No | No | 0.795 | 12,382 | 9.84 k | 10,540,739 |
29 Nov 23 | Bagley Edward D | Common Stock | Buy | Acquire P | No | No | 0.8 | 10,000 | 8.00 k | 10,538,357 |
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Press releases
ClearOne, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results
2 Apr 24
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12 Mar 24
ClearOne Announces a Special One-time Cash Dividend
11 Mar 24
ClearOne Reviews 2023 Operational and Financial Progress, Provides Early 2024 Highlights
22 Feb 24