ClearOne investor presentation highlights revenue decline, new products, and $29M special dividend

CLEARONE INC

Q1 2023 revenue $4.2M, GAAP net loss $0.03 diluted EPS; GP% 31%.
Revenue expected to improve in 2H23; manufacturing issues with contract manufacturer to resolve mid-Q3 2023.
New products launched: BMA 360D Dante, DIALOG UVHF, UNITE 60/160/260 cameras, Versa UCS2100.
Paid $29M special dividend on May 31, 2023; cash on hand ~$20M; $55M Shure settlement received Jan 2023.
Annual revenue goals: near-term $40M, mid-term $60M, long-term $100M driven by new product ramp.

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