---
schema_version: "secwatch.filing_event.v1"
accession: "0001753926-24-001007"
form_type: "8-K"
ticker: "CLRO"
cik: "0000840715"
company_name: "CLEARONE INC"
filed_at: "2024-05-21T23:59:59+00:00"
generated_at: "2026-06-01T11:48:37.873902+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "medium"
source: SEC EDGAR
---

# ClearOne Q1 2024 revenue down 13% YoY; microphone revenue up 31%; declares $0.50 special dividend

## Summary
- Revenue declined 13% YoY and 12.8% sequentially; audio conferencing category drove decrease.
- Microphone revenue up 31% YoY and 4% sequentially; Asia revenue up 18% YoY.
- Operating expenses down 7.8% YoY and 2.7% sequentially from cost optimization.
- Declared one-time special cash dividend of $0.50 per share, paid April 10, 2024.
- Regained NASDAQ minimum bid compliance; CEO warns revenue may be impacted through Q2 2024.

## SEC filing metadata
- accession: 0001753926-24-001007
- form_type: 8-K
- ticker: CLRO
- cik: 0000840715
- company_name: CLEARONE INC
- filed_at: 2024-05-21T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: medium
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/840715/000175392624001007/0001753926-24-001007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/840715/000175392624001007/clro-20240520.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001753926-24-001007
- JSON: https://secwatch.observer/filing/0001753926-24-001007.json
- Plain text: https://secwatch.observer/filing/0001753926-24-001007.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.