Clearone (CLRO) Revenue (2010 - 2024)
Clearone (CLRO) posted Revenue of $2.3 million for Q2 2024, down 36.39% on a QoQ basis from $3.6 million in Q1 2024, and down 57.98% year-over-year from $5.5 million in Q3 2023.
Analysis
Clearone (CLRO) Revenue (2010 - 2024) Analysis & Trends
Clearone has reported Revenue for 15 years, with the latest figure at $2.3 million in Q2 2024.
- On a quarterly basis, Revenue fell 57.98% year-over-year to $2.3 million in Q2 2024; TTM through Mar 2025 was $2.3 million, a 87.3% decrease from a year earlier, with the FY2023 full-year figure at $18.7 million, down 25.79% from the prior year.
- Revenue was $2.3 million for Q2 2024 at Clearone, down from $3.6 million in the prior quarter.
- The five-year high for Revenue was $8.6 million in Q4 2020, with the low at $2.3 million in Q2 2024.
- Average Revenue over 5 years is $6.0 million, with a median of $6.3 million recorded in 2020.
- The sharpest annual moves came in 2020 and 2024: Revenue surged 40.39% in 2020, then sank 57.98% in 2024.
- Over 5 years, Revenue stood at $8.6 million in 2020, then declined by 15.92% to $7.2 million in 2021, then slumped by 44.17% to $4.0 million in 2022, then rose by 3.31% to $4.2 million in 2023, then plunged by 44.54% to $2.3 million in 2024.
- The last three Revenue figures came in at $2.3 million (Q2 2024), $3.6 million (Q1 2024), and $4.2 million (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 35.77 Bn | 33.11 Bn | 725.87 Mn | 1.50 Bn |
| 2 | Zoom Communications | 29.62 Bn | 22.37 Bn | 985.50 Mn | 1.28 Bn |
| 3 | Nice | 6.38 Bn | 6.02 Bn | 995.81 Mn | 1.55 Bn |
| 4 | RingCentral | 6.14 Bn | 6.03 Bn | 472.31 Mn | 657.01 Mn |
| 5 | Five9 | 2.49 Bn | 1.83 Bn | 166.74 Mn | 312.44 Mn |
| 6 | Bandwidth | 1.35 Bn | 1.17 Bn | 78.54 Mn | 219.90 Mn |
| 7 | Consensus Cloud Solutions | 648.68 Mn | 549.78 Mn | 73.07 Mn | 91.36 Mn |
| 8 | Ooma | 640.32 Mn | 622.79 Mn | 50.99 Mn | 83.23 Mn |
| 9 | Agora | 498.86 Mn | 423.01 Mn | 25.74 Mn | 40.42 Mn |
| 10 | Clearone | 13.62 Mn | 13.62 Mn | -70,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 2.30 Mn |
| Mar 31, 2024 | 3.62 Mn |
| Dec 31, 2023 | 4.15 Mn |
| Sep 30, 2023 | 4.89 Mn |
| Jun 30, 2023 | 5.48 Mn |
| Mar 31, 2023 | 4.18 Mn |
| Dec 31, 2022 | 4.02 Mn |
| Sep 30, 2022 | 6.26 Mn |
| Jun 30, 2022 | 7.38 Mn |
| Mar 31, 2022 | 7.55 Mn |
| Dec 31, 2021 | 7.20 Mn |
| Sep 30, 2021 | 6.99 Mn |
| Jun 30, 2021 | 7.74 Mn |
| Mar 31, 2021 | 7.04 Mn |
| Dec 31, 2020 | 8.57 Mn |
| Sep 30, 2020 | 8.41 Mn |
| Jun 30, 2020 | 6.36 Mn |
| Mar 31, 2020 | 5.73 Mn |
| Dec 31, 2019 | 6.33 Mn |
| Sep 30, 2019 | 5.99 Mn |