11:28 AM EST, 11/15/2024 (MT Newswires) -- ClearOne ( CLRO ) shares were tumbling more than 11% in recent Friday trading after the company reported a Q3 non-GAAP loss of $0.08 per diluted share, wider than the loss of $0.05 a year earlier.

Revenue for the quarter ended Sept. 30 was $2.5 million, down from $4.9 million a year earlier.

Capital IQ analyst estimates weren't available.

Price: 0.51, Change: -0.07, Percent Change: -11.40