ClearOne(CLRO) - 2024 Q2 - Quarterly Results

Exhibit 99.1 ClearOne, Inc. Reports Second Quarter 2024 Financial Results - Sequential and Year-over-Year OpEx Reductions Reflect Continued Benefits of Cost Optimization Initiatives- SALT LAKE CITY, UTAH – August 14, 2024 – ClearOne (NASDAQ: CLRO), a global provider of audio and visual communication solutions, reported financial results for the three-month period ended June 30, 2024. Revenue declined 58% sequentially and 39% year over year, primarily due to a significant decrease in revenues from the audio ...