DC Capital
Long/short equity, special situations, event-driven, arbitrage

Clearone Communications: A Year Later, Zero LT-Debt, Improving Margins, The Upside Continues

Exactly one year ago from today, I published a brief article covering Clearone Communications, Inc. (NASDAQ:CLRO), which was a company I had recently purchased at the time. When the article was released, CLRO was trading right around $4 per share, and my cost basis was relatively the same. As you will see, CLRO's security price has appreciated quite a bit since then, and it now trades right above $8.00 per share.

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My original thesis behind investing in CLRO was a combination of several things, including its attractive valuation, management's history of adding value through acquisition, and simply its grow potential within the industry. Watching CLRO excel over the last year has really allowed me to...

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