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Oblong Inc   (OBLG)
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Oblong Inc 's Gross Profit Margin by quarter

Trends, Rankings, Statistics



OBLG Gross Profit Margin (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Revenue Change -94.96 % -26.41 % -48.77 % -32.25 % -54.74 %
Seq. Revenue Change -94.84 % -8.79 % -7.9 % 16.24 % -24.64 %
Revenue In Millions $0.05 $0.87 $0.96 $1.04 $0.89
Gross Profit Margin - 25.69 % 12.76 % 26.59 % 33.15 %
Gross Profit Margin Total Ranking # 4 # 3470 # 4119 # 3607 # 3624
Gross Profit In Millions $0.29 $0.22 $0.12 $0.28 $0.30
Y / Y Gross Profit Change - -34.88 % -70.02 % -44.69 % -58.83 %
Seq. Gross Profit Change - 83.61 % -55.8 % -6.76 % -13.95 %


Commenting fourth Quarter 2023 Gross Profit Margin
Despite the sequential Revenue deterioration in IV. Quarter of -94.84 % Oblong Inc managed to reduce Cost of Sales and increase Gross Profit by 29.02 % to $0 millions. Gross Profit Margin grew to 642.22 % a new company high.

Observing fourth quarter 2023 results within Internet Services & Social Media industry Oblong Inc has achieved highest Gross Profit Margin. While Gross Profit Margin total ranking has impoved so far to 4, from total ranking in previous quarter at 3470.
Learn about Gross Margin
OBLG's Gross Profit Margin fourth quarter 2023 Company Ranking
Within: No.
Internet Services & Social Media Industry # 1
Technology Sector # 1
Overall # 4

Gross Profit Margin Statistics
High Average Low
642.22 % 88.15 % 12.76 %
(Dec 31 2023)   (Jun 30 2023)




Other Gross Profit Margin Profitability Ratios
OBLG's Cumulative Gross Profit Margin
Internet Services & Social Media Industry Gross Profit Margin Trends and Statistics
Technology Sector Gross Profit Margin Statistics
Gross Profit Margin Profitability Trends for overall market
OBLG's Gross Profit Margin Profitability versus Internet Services & Social Media Industry, Technology Sector and total Market
Highest Ranking Gross Profit Margin
Lowest Ranking Gross Profit Margin
Gross Profit Margin Profit Margin for OBLG's Competitors
Gross Profit Margin Profit Margin for Oblong Inc 's Suppliers
Gross Profit Margin Profit Margin for OBLG's Customers

You may also want to know
OBLG's Annual Growth Rates OBLG's Profitability Ratios OBLG's Asset Turnover Ratio OBLG's Dividend Growth
OBLG's Roe OBLG's Valuation Ratios OBLG's Financial Strength Ratios OBLG's Gross Profit Growth
OBLG's Roa OBLG's Inventory Turnover Ratio OBLG's Growth Rates OBLG's Dividend Comparisons


Companies with similar Gross Profit Margin in the quarter ending Dec 31 2023, within Internet Services & Social Media Industry Gross Profit MarginDec 31 2023 MRQ Gross ProfitDec 31 2023 MRQ Revenue
Oblong Inc   642.22 %$ 0.289 $ 0.045 




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