Clearone (CLRO) Revenue (2010 - 2024)
Clearone (CLRO) posted Revenue of $2.3 million for Q2 2024, down 58.0% from $5.48 million a year earlier and down 36.4% from the prior quarter.
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Analysis
Clearone (CLRO) Revenue (2010 - 2024) Analysis & Trends
For FY2023, Clearone's Revenue came in at $18.7 million, down 25.8% from FY2022.
- Annual Revenue has declined for three consecutive years, with a five-year compound annual growth rate of -7.9% (FY2018 to FY2023).
- In prior years, Clearone's Revenue was $25.21 million in FY2022 (-13.0%), $28.97 million in FY2021 (-0.4%), $29.07 million in FY2020 (+16.1%) and $25.04 million in FY2019 (-11.1%).
- The Q2 2024 figure stands as the lowest quarterly Revenue in data going back to Q2 2010.
- On a year-over-year basis, Revenue increased in 1 of the last eight quarters, with an average decline of 26.8%.
- The strongest year-over-year quarter for Revenue in the past five years was Q3 2020, with growth of 40.4%; the weakest was Q2 2024, with a decline of 58.0%.
- According to Business Quant data, Revenue for the three prior quarters was $3.62 million (Q1 2024), $4.15 million (Q4 2023) and $4.89 million (Q3 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 90.32 Bn | 65.57 Bn | 6.00 Bn | 6.76 Bn |
| 2 | Atlassian | 46.45 Bn | 39.73 Bn | 1.53 Bn | 1.77 Bn |
| 3 | Twilio | 44.08 Bn | 34.07 Bn | 725.87 Mn | 1.50 Bn |
| 4 | Autodesk | 43.30 Bn | 31.34 Bn | 1.87 Bn | 2.05 Bn |
| 5 | Zoom Communications | 25.52 Bn | -5.27 Bn | 985.50 Mn | 1.28 Bn |
| 6 | Figma | 10.74 Bn | 4.24 Bn | 309.61 Mn | 370.08 Mn |
| 7 | Dropbox | 7.01 Bn | 2.65 Bn | 506.50 Mn | 631.50 Mn |
| 8 | Nice | 6.59 Bn | 5.06 Bn | 995.81 Mn | 1.55 Bn |
| 9 | RingCentral | 6.37 Bn | 5.87 Bn | 472.31 Mn | 657.01 Mn |
| 10 | Clearone | 13.64 Mn | 13.64 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 |
API Access
Clearone Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=revenue&ticker=CLRO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "ticker": "CLRO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=revenue&ticker=CLRO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();