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Oblong Q2 2023 Earnings Report

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$3.68 +0.07 (+1.94%)
(As of 12/19/2024 05:16 PM ET)

Oblong EPS Results

Actual EPS
-$0.78
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Oblong Revenue Results

Actual Revenue
$0.96 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Oblong Announcement Details

Quarter
Q2 2023
Time
N/A

Conference Call Resources

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Oblong Earnings Headlines

Oblong reports Q3 revenue $$578K vs $872K last year.
“Energy’s holy grail” just discovered
It’s 17,000 times more powerful than gas… 2.75 million times more powerful than coal… and a staggering… 3 million times more powerful than oil. It could also save the United States as much as $2.2 trillion every year in energy costs. It’s no wonder this incredible new energy source is a major Trump priority.
Why Oblong Shares Are Trading Higher Today
How Is The Market Feeling About Oblong?
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About Oblong

Oblong (NYSE:OBLG), 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 provides managed videoconferencing services; and remote service management, which offers an overlay to enterprise information technology and channel partner support organizations, as well as support and management services for customer video environments. In addition, it provides network solutions, including Cloud Connect: Video that allows its customers to outsource the management of their video traffic to them and provides the customer's office locations with a secure, dedicated video network connection to the Oblong Cloud for video communications; Cloud Connect: Converge, which offers customized multiprotocol label switching solutions; and Cloud Connect: Cross Connect that allows the customer to leverage existing carrier for the extension of a Layer 2 private line to its data center. The company serves a range of industries comprising aerospace, consulting, executive search, broadcast media, legal, insurance, technology, financial services, education, healthcare, real estate, retail, construction, hospitality, and others, as well as government sector. Oblong, Inc. is based in Denver, Colorado.

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