Oblong, Inc. (OBLG)

NASDAQ: OBLG · IEX Real-Time Price · USD
0.298
+0.007 (2.37%)
At close: Aug 15, 2022 4:00 PM
0.290
-0.008 (-2.750%)
After-hours: Aug 15, 2022 7:05 PM EDT
2.37%
Market Cap 9.19M
Revenue (ttm) 6.64M
Net Income (ttm) -16.98M
Shares Out 30.82M
EPS (ttm) -0.34
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 285,124
Open 0.328
Previous Close 0.291
Day's Range 0.285 - 0.328
52-Week Range 0.250 - 2.820
Beta 2.23
Analysts Buy
Price Target 1.02 (+242.1%)
Earnings Date Aug 9, 2022

About OBLG

Oblong Inc., together with its subsidiaries, provides multi-stream collaboration technologies and managed services for video collaboration and network applications in the United States and internationally. The company operates in two segments, Collaboration Products and Managed Services. Its flagship product is Mezzanine that enables visual collaboration across multi-users, multi-screens, multi-devices, and multi-locations for video telepresence, laptop and application sharing, and whiteboard sharing and slides applications. The company also pr... [Read more...]

Industry Software-Application
Founded 2000
CEO Peter Holst
Employees 47
Stock Exchange NASDAQ
Ticker Symbol OBLG
Full Company Profile

Financial Performance

In 2021, Oblong's revenue was $7.74 million, a decrease of -49.53% compared to the previous year's $15.33 million. Losses were -$9.09 million, 22.5% more than in 2020.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for OBLG stock is "Buy." The 12-month stock price forecast is 1.02, which is an increase of 242.05% from the latest price.

Price Target
$1.02
(242.05% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Oblong Announces Financial Results for Second Quarter 2022

LOS ANGELES--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), the award-winning maker of multi-stream collaboration solutions, today reported financial results for the second qu...

Oblong Schedules Second Quarter 2022 Conference Call for August 9, 2022

LOS ANGELES--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), the award-winning maker of multi-stream collaboration solutions, today announced that the Company will release resu...

Oblong Announces Financial Results for First Quarter 2022

LOS ANGELES--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), the award-winning maker of multi-stream collaboration solutions, today reported financial results for the first qua...

Oblong Schedules First Quarter 2022 Conference Call for May 11, 2022

LOS ANGELES--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), the award-winning maker of multi-stream collaboration solutions, today announced that the Company will release resu...

Oblong, Inc. (OBLG) Reports Q4 Loss, Tops Revenue Estimates

Oblong, Inc. (OBLG) delivered earnings and revenue surprises of 10% and 14.71%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Oblong Announces Financial Results for Fourth Quarter and Full Year 2021

LOS ANGELES--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), the award-winning maker of multi-stream collaboration solutions, today reported financial results for the fourth qu...

Oblong Schedules Fourth Quarter 2021 Conference Call for March 29, 2022

LOS ANGELES--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), the award-winning maker of multi-stream collaboration solutions, today announced that the Company will release resu...

Oblong, Inc. (OBLG) Reports Q3 Loss, Lags Revenue Estimates

Oblong, Inc. (OBLG) delivered earnings and revenue surprises of 35.71% and -9.60%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Oblong Announces Financial Results for Third Quarter 2021

LOS ANGELES--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), the award-winning maker of multi-stream collaboration solutions, today reported financial results for the third qua...

Oblong Schedules Third Quarter 2021 Conference Call for November 10, 2021

LOS ANGELES--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), the award-winning maker of multi-stream collaboration solutions, today announced that the Company will release resu...

Oblong to Present at Dawson James 6th Annual Small Cap Growth Conference on Thursday, October 21, 2021

LOS ANGELES--(BUSINESS WIRE)--Oblong, Inc. (NASDAQ: OBLG) ("Oblong" or the "Company"), the award-winning maker of multi-stream collaboration solutions, today announced that it will be presenting at the ...

Oblong, Inc. (OBLG) Reports Q2 Loss, Lags Revenue Estimates

Oblong, Inc. (OBLG) delivered earnings and revenue surprises of 27.27% and -20.89%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Oblong Announces Financial Results for Second Quarter 2021

LOS ANGELES--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), the award-winning maker of multi-stream collaboration solutions, today reported financial results for the second qu...

Oblong Expands Board with Appointment of Two New Directors

LOS ANGELES--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), the award-winning maker of multi-stream collaboration solutions, today announced its board of directors has appoint...

Oblong Schedules Second Quarter 2021 Conference Call for August 11, 2021

LOS ANGELES--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), the award-winning maker of multi-stream collaboration solutions, today announced that the Company will release resu...

Oblong's Mezzanine Selected by Global Entertainment Company to Reinvent Corporate Meeting Spaces

LOS ANGELES--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), the award-winning maker of multi-stream collaboration solutions, today reported that its Mezzanine product has been...

Oblong to Present at Access to Giving Virtual Conference on July 14, 2021 at 2 p.m. ET

LOS ANGELES--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), the award-winning maker of multi-stream collaboration solutions, today announced that the company will present at A...

Oblong Stock Falls On Raising $12.4M Via Institutional Share Offering At 22% Discount

Oblong Inc (NASDAQ: OBLG) inked an agreement to sell 4 million shares at $3.1 per share to pre-existing and new institutional investors. The offer price signifies a 21.7% discount to the Friday closing ...

Oblong Announces $12.4 Million Registered Direct Offering

LOS ANGELES--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), the award-winning maker of multi-stream collaboration solutions, today announced that it has entered into definitiv...

Oblong Set to Join Russell Microcap® Index

LOS ANGELES--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), the award-winning maker of multi-stream collaboration solutions, is set to join the Russell Microcap® Index at the ...

OBLONG BRINGS THE CONCEPTS OF CONTENT AND COLLABORATION BACK TO REMOTE WORKFORCE PLATFORMS

Oblong (NASDAQ: OBLG) President and CEO Peter Holst was a featured speaker at the Benzinga Small Cap conference May 13, 2021. The global pandemic has forced 500 million workers to remote workstations an...

Oblong, Inc. (OBLG) Reports Q1 Loss, Misses Revenue Estimates

Oblong, Inc. (OBLG) delivered earnings and revenue surprises of -64.29% and -47.84%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Oblong Announces Financial Results for First Quarter 2021

LOS ANGELES--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), the award-winning maker of multi-stream collaboration solutions, today reported financial results for the first qua...

Oblong Schedules First Quarter 2021 Conference Call for May 13, 2021

LOS ANGELES--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), the award-winning maker of multi-stream collaboration solutions, today announced that the Company will release resu...

Oblong Announces Upcoming Investor Presentation Schedule

LOS ANGELES--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), the award-winning maker of multi-stream collaboration solutions, is pleased to announce that the Company will be pr...