Brief: Clearone - In Q3 2018, Necessary To Record Valuation Allowance Of $7.9 Mln For Deferred Tax Assets, Including Discrete Tax Expense Of $6.5 Mln

Clearone

01/11/2018 11:46

Nov 1 (Reuters) - Clearone Inc  CLRO.O :
    * CLEARONE - IN Q3 2018, NECESSARY TO RECORD VALUATION
ALLOWANCE
OF $7.9 MILLION FOR DEFERRED TAX ASSETS, INCLUDING DISCRETE TAX
EXPENSE OF $6.5 MILLION
    * CLEARONE SAYS VALUATION ALLOWANCE & TAX EXPENSE ARE
NON-CASH
CHARGES TO  HAVE NO IMPACT CASH FLOWS FOR QUARTER ENDED SEPT 30
- SEC FILING

Source text: (https://bit.ly/2Q69GI6)
Further company coverage:  CLRO.O 

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