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An update from Clearone Communications ( (CLRO) ) is now available.
On May 30, 2025, ClearOne, Inc. held a special meeting where stockholders approved a reverse stock split of its common stock at a ratio of 1-for-15, effective June 9, 2025. The move aims to increase the company’s per share market price to comply with Nasdaq’s listing requirements. The reverse stock split will reduce the number of issued and outstanding shares from approximately 26 million to 1.7 million, without altering stockholders’ percentage ownership, except in cases of fractional shares.
Spark’s Take on CLRO Stock
According to Spark, TipRanks’ AI Analyst, CLRO is a Neutral.
Clearone Communications is currently struggling with financial performance, characterized by declining revenues, operational inefficiencies, and negative cash flows. Despite having a strong equity base, the company’s profitability and cash management are concerning. The technical indicators suggest bearish momentum, and the lack of valuation support further impacts its attractiveness to investors. Immediate strategic interventions are necessary for the company to improve its financial health and market position.
To see Spark’s full report on CLRO stock, click here.
More about Clearone Communications
ClearOne is a global company specializing in the design, development, and sale of conferencing, collaboration, and network streaming solutions for voice and visual communications. The company is known for its advanced comprehensive solutions that offer high levels of functionality, reliability, and scalability.
Average Trading Volume: 663,968
Technical Sentiment Signal: Sell
Current Market Cap: $8.68M
For detailed information about CLRO stock, go to TipRanks’ Stock Analysis page.