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NYSE:OBLG

Oblong (OBLG) Stock Price, News & Analysis

Oblong logo
$3.77 -0.26 (-6.45%)
(As of 11/15/2024 ET)

About Oblong Stock (NYSE:OBLG)

Key Stats

Today's Range
$3.56
$3.97
50-Day Range
$3.39
$6.54
52-Week Range
$2.81
$14.82
Volume
33,842 shs
Average Volume
62,596 shs
Market Capitalization
$4.30 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

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 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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OBLG Stock News Headlines

Contrasting Tremor International (NASDAQ:TRMR) & Oblong (NYSE:OBLG)
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Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.
Oblong reports Q3 revenue $$578K vs $872K last year.
Why Oblong Shares Are Trading Higher Today
How Is The Market Feeling About Oblong?
Oblong Inc (4HZ0.BE)
See More Headlines

OBLG Stock Analysis - Frequently Asked Questions

Oblong's stock was trading at $0.1980 at the beginning of 2024. Since then, OBLG shares have increased by 1,804.0% and is now trading at $3.77.
View the best growth stocks for 2024 here
.

Oblong, Inc. (NYSE:OBLG) issued its quarterly earnings data on Wednesday, November, 10th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.14) by $0.04. The company earned $1.80 million during the quarter, compared to analyst estimates of $1.99 million. Oblong had a negative net margin of 158.75% and a negative trailing twelve-month return on equity of 89.12%.

Shares of OBLG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Oblong investors own include NVIDIA (NVDA), Sangamo Therapeutics (SGMO), Meta Platforms (META), Broadcom (AVGO), Arista Networks (ANET), Jabil (JBL) and ServiceNow (NOW).

Company Calendar

Last Earnings
11/10/2021
Today
11/17/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
3/18/2025

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
Computer Software
Employees
50
Year Founded
N/A

Profitability

Net Income
$-4,380,000.00
Net Margins
-158.75%
Pretax Margin
-158.83%

Debt

Sales & Book Value

Annual Sales
$3.81 million
Book Value
$4.08 per share

Miscellaneous

Free Float
1,083,000
Market Cap
$4.30 million
Optionable
Not Optionable
Beta
3.21
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This page (NYSE:OBLG) was last updated on 11/17/2024 by MarketBeat.com Staff
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