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Oblong Inc   (NASDAQ: OBLG)
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Price: $4.2499 $0.00 -0.002%
Day's High: $4.34 Week Perf: 1.43 %
Day's Low: $ 4.10 30 Day Perf: 6.51 %
Volume (M): 14 52 Wk High: $ 14.82
Volume (M$): $ 61 52 Wk Avg: $5.18
Open: $4.34 52 Wk Low: $2.81



 Market Capitalization (Millions $) 4
 Shares Outstanding (Millions) 1
 Employees 82
 Revenues (TTM) (Millions $) 2
 Net Income (TTM) (Millions $) -13
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 0

Oblong Inc
Oblong Inc is a technology company that specializes in immersive spatial computing solutions. They have created a unique platform called g-speak, which enables users to interact with digital content using natural hand and gesture movements. Oblong Inc's technology has been used in various industries, including architecture, design, and teleconferencing, to revolutionize the way people collaborate and engage with information. The company has gained recognition for their innovative approach to user interfaces and their ability to create intuitive and immersive experiences.


   Company Address: 110 16th Street, Suite 1400-1024 Denver 80202 CO
   Company Phone Number: 683-8863 ext. 5   Stock Exchange / Ticker: NASDAQ OBLG


   

Stock Performances by Major Competitors

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Business Update

Oblong Inc. Rises Above A Compliance Triumph in the Tech Sector,

Published Thu, Sep 12 2024 12:47 PM UTC

Oblong Inc. Regains Ground on Nasdaq: A Testament to Resilience and Innovation in a Dynamic Market In an encouraging development for Oblong Inc. (Nasdaq: OBLG), the company has officially regained compliance with Nasdaq s minimum bid price requirement. This comes after the company s stock traded above the $1.00 mark for ten consecutive business days, signaling a much-needed ...

Oblong Inc

Oblong Inc Reports Positive Changes in Financials Despite Revenue Decline2.



Oblong Inc, a prominent player in the Internet Services & Social Media sector, recently released its financial results for the time-frame ending March 31, 2024. The report indicates several positive changes in key areas, including earnings per share (EPS) and net deficit, despite a decline in revenue compared to the previous year.
Improved Earnings per Share (EPS):
One of the most interesting facts from the report is that Oblong Inc managed to decrease its loss per share to $-0.07, an impressive improvement from the $-0.60 reported a year ago. Furthermore, the EPS also showed progress from the previous reporting season, with a decrease from $-0.09 per share.

Oblong Inc

Oblong Inc's Financial Crisis Deepens: Revenue Plummets and Net Deficits Soar2.



As the global economy navigates through unprecedented challenges, Oblong Inc, an Internet Services & Social Media company, has disclosed disastrous financial results for its most recent fiscal period. With revenues plummeting and net deficits increasing, the company is facing significant hurdles to regain stability and recover from a turbulent year.
Revenue and Net Deficit:
In the latest fiscal period, Oblong Inc experienced a staggering drop in revenue by -94.961% to a mere $0.05 million. This significant decline is concerning for stakeholders and investors, reflecting the company's struggle to generate income. Moreover, net deficit per share expanded to -$0.09, a drastic deterioration from the same quarter a year before, exacerbating the financial challenges faced by Oblong Inc.

Oblong Inc

Oblong Inc Struggles to Keep Up: Weak Orders Lead to Growth in Losses

Oblong Inc, a company in the Internet Services & Social Media industry, has experienced a period of weak orders which has led to growth in losses for their most recent fiscal period. The company's shortfall per share increased to $-0.30 from $-0.23, while their revenue dropped by -26.414% to $0.87 million from $1.19 million in the previous year.
This decline in top-line revenue is in stark contrast to the overall performance of the Internet Services & Social Media industry, which recorded a revenue improvement during the same period. While the industry as a whole saw growth, Oblong Inc experienced a significant drop in revenue.

Oblong Inc

Oblong Inc's Fiscal Journey: Overcoming Revenue Slump and Shining Bright



Investors turned their attention to Oblong Inc (NASDAQ:TICKER) following the company's recent second-quarter financial update, which showed a significant decline in revenue and a widening shortfall per share, compared to the previous year. With the future performance of the company in question, analysts are eagerly awaiting the next financial results, set to be reported on November 9, 2023.
During the second quarter of 2023, Oblong Inc experienced a shortfall per share of $-0.78, a considerable increase from the $-0.29 reported in the same period last year. Furthermore, the company reported an even larger shortfall compared to the preceding quarter, which stood at $-0.60 per share. Alongside this, Oblong Inc witnessed a decline in revenue by -48.767% to $0.96 million, significantly lower than the $1.87 million reported in the corresponding quarter of the previous year, and a sequential decline of -7.9% from $1.04 million.







Oblong Inc's Segments
Managed Services    88.24 % of total Revenue
Collaboration Products    11.76 % of total Revenue
UNITED STATES    39.27 % of total Revenue
Non-US    60.73 % of total Revenue
Managed Services Video Collaboration Service    1.04 % of total Revenue
Managed Services Network Services    86.85 % of total Revenue
Managed Services Professional and Other Services    0.35 % of total Revenue
Collaboration Products Video Collaboration Service    11.76 % of total Revenue





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