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.

(click to enlarge)

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...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details