ClearOne, Inc. (CLRO) Social Stream
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$CLRO ClearOneSantahelper, published August 12, 2021
Share Price 7 Day 1 Year
2.62 1.2% 9.2%
Second quarter 2021 earnings released: US$0.084 loss per share (vs US$0.12 loss in 2Q 2020)
The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses.
Second quarter 2021 results:
Revenue: US$7.74m (up 22% from 2Q 2020).
Net loss: US$1.59m (loss narrowed 18% from 2Q 2020).
Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
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