---
schema_version: "secwatch.filing_event.v1"
accession: "0001753926-24-001938"
form_type: "8-K"
ticker: "CLRO"
cik: "0000840715"
company_name: "CLEARONE INC"
filed_at: "2024-11-15T23:59:59+00:00"
generated_at: "2026-05-30T00:06:27.032531+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "medium"
source: SEC EDGAR
---

# ClearOne Q3 2024 revenue down 42% YoY but up 8.7% sequentially; OpEx cuts

## Summary
- Revenue decreased 42% year over year due to past production shortages and manufacturing transition from China to Singapore.
- Sequential revenue increased 8.7% from Q2 2024 to Q3 2024, indicating recovery from prior-year impacts.
- Operating expenses reduced by 10.1% sequentially and 9.33% year over year from cost optimization initiatives.
- CEO cited sales headwinds from lack of Microsoft Teams certification and transition to a new Middle East distributor.
- BMA 360 beamforming microphone array won Utah Innovation Award; DIALOG UVHF won 2024 Communications Solutions award.

## SEC filing metadata
- accession: 0001753926-24-001938
- form_type: 8-K
- ticker: CLRO
- cik: 0000840715
- company_name: CLEARONE INC
- filed_at: 2024-11-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/840715/000175392624001938/0001753926-24-001938-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/840715/000175392624001938/clro-20241115.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001753926-24-001938
- JSON: https://secwatch.observer/filing/0001753926-24-001938.json
- Plain text: https://secwatch.observer/filing/0001753926-24-001938.txt

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