Exhibit 99.1


Contact:
Investor Relations
801-975-7200
investor_relations@clearone.com

ClearOne Reports Record 2014 Fourth-Quarter and Full-Year Revenue and Increases Cash Dividend
Q4 Non-GAAP Diluted EPS Increased 79%

SALT LAKE CITY, UTAH - March 12, 2015

Financial Highlights:

Fourth Quarter 2014 vs. 2013

Revenue up 8% to $15.4 million
Gross margin increased to 65%, up from 60%
Non-GAAP operating income up 33%
Non-GAAP net income up 77%
Non-GAAP adjusted EBITDA up 31%

Full Year 2014 vs. 2013

Revenue up 17% to $57.9 million, fifth consecutive year of growth
Non-GAAP operating income up 23%
Non-GAAP net income up 26%
Non-GAAP adjusted EBITDA up 21%

Financial Summary
(Dollars in thousands, except per share values)
Fourth Quarter
 
Year
 
2014
 
2013
 
Change
 
2014
 
2013
 
Change
Revenue
$
15,351

 
$
14,230

 
8%
 
$
57,909

 
$
49,592

 
17%
Gross Profit
9,917

 
8,549

 
16%
 
35,323

 
29,857

 
18%
Non-GAAP Operating Income
3,831

 
2,881

 
33%
 
10,309

 
8,404

 
23%
Non-GAAP Net Income
3,218

 
1,821

 
77%
 
7,206

 
5,710

 
26%
Non-GAAP Adjusted EBITDA
4,075

 
3,112

 
31%
 
11,324

 
9,331

 
21%
Non-GAAP Diluted EPS
$
0.34

 
$
0.19

 
79%
 
$
0.75

 
$
0.60

 
25%

ClearOne (NASDAQ: CLRO), a global provider of audio and visual communication solutions, today reported financial results for the fourth quarter and year ended December 31, 2014.



The following information was filed by Clearone Inc (CLRO) on Thursday, March 12, 2015 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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