Welcome to our dedicated page for Oblong news (Ticker: OBLG), a resource for investors and traders seeking the latest updates and insights on Oblong stock.
Oblong Inc (OBLG) pioneers next-generation visual collaboration solutions through its Mezzanine platform, redefining enterprise communication. This dedicated news hub provides investors and professionals with timely updates on financial developments, technology advancements, and strategic initiatives.
Access verified press releases covering earnings reports, product enhancements, partnership announcements, and operational milestones. Our curated collection ensures efficient tracking of Oblong's progress in spatial computing and multi-stream collaboration technologies.
Key updates include Mezzanine platform innovations, enterprise client deployments, and financial performance metrics. Bookmark this page for direct access to primary source materials that inform strategic analysis of OBLG's market position.
Oblong, Inc. (Nasdaq: OBLG) reported a total revenue of $2.0 million in Q4 2021, a 10% increase sequentially from Q3. Revenue from the Mezzanine™ collaboration suite grew 24% to $1.0 million due to a significant order from an Aerospace and Defense client. However, the company faced a net loss of $2.7 million compared to a net income of $1.2 million in Q4 2020, primarily attributed to a non-cash gain from debt extinguishment. Adjusted EBITDA loss widened to $2.1 million, indicating ongoing financial challenges amid pandemic impacts.
Oblong, Inc. (NASDAQ: OBLG) announced it will release Q4 and full-year results on
Oblong, Inc. (NASDAQ: OBLG) is set to present at the Benzinga All Access Conference on December 14, 2021, at 11:20 a.m. ET. CEO Peter Holst will update on the progress of Oblong's next-generation hybrid collaboration cloud offering. The presentation will highlight the growth of the hybrid workforce and Oblong's strategic positioning to leverage this emerging market opportunity.
For more details, visit the conference presentation here.
Oblong, Inc. (Nasdaq: OBLG) reported its Q3 2021 financial results, with total revenue of $1.8 million, down from $3.3 million in Q3 2020. The net loss was reduced to $0.7 million, improving from a loss of $2.2 million in the previous quarter. The company maintains a cash balance of $10.8 million and has no debt. Key developments include the forgiveness of a $2.4 million PPP loan and operational enhancements in preparation for hybrid work environments. Management emphasizes their focus on advancing multi-share cloud collaboration solutions amidst uncertain market conditions.
Oblong, Inc. (NASDAQ: OBLG) will announce its third-quarter results for the period ending September 30, 2021, on November 10, 2021, post-market close. The firm will host a conference call at 4:30 P.M. ET the same day to provide a business update alongside a slide presentation. Interested parties may join via U.S. and international dial-in numbers and a live webcast. A replay will be available two weeks after the call. Oblong develops innovative collaboration solutions, specifically the Mezzanine™ platform, which enhances communication for remote and in-room meetings.
Oblong, Inc. (Nasdaq: OBLG) announced that it will release its third-quarter results on November 10, 2021, after market close. A conference call is scheduled on the same day at 4:30 P.M. ET, with participation from CEO Peter Holst and CFO David Clark. Dial-in options include 1-888-394-8218 for U.S. callers and 1-856-344-9221 for international participants. The call will be accessible via a live webcast. A replay will be available for two weeks post-call. Oblong specializes in collaborative technology solutions, notably its product Mezzanine™.
Oblong, Inc. (NASDAQ: OBLG) announced its participation in the Dawson James Small Cap Growth Conference on October 21st, 2021, at 9:45 a.m. ET in Jupiter, Florida. CEO Peter Holst and CFO David Clark will discuss innovative multi-stream collaboration solutions and how Oblong is enhancing the future of work. Investors can access the live webcast on Oblong's website. Oblong’s flagship product, Mezzanine™, offers unique remote meeting technology for Fortune 500 clients, promoting effective communication and collaboration.
Oblong (Nasdaq: OBLG) reported Q2 2021 results with total revenue of $2.0 million, down from $2.8 million in Q2 2020. Product sales from the Mezzanine™ suite grew to $0.5 million compared to $0.4 million last year. The company recorded a net loss of $2.2 million, improved from $3.4 million the previous year. Oblong raised $11.5 million from equity financing and had a cash balance of $13.1 million with no debt. The company plans to focus on the development of hybrid workspace solutions amid ongoing demand for collaboration tools.
Oblong (Nasdaq: OBLG) appointed Matt Blumberg and Debby Meredith as independent directors, effective August 16, 2021. Blumberg will join the Audit and Nominating Committees, while Meredith will serve on the Compensation and Nominating Committees. Following these appointments, Oblong's board will consist of five directors, with four being independent. CEO Pete Holst emphasized their strategic expertise, which is expected to aid Oblong's growth and the commercialization of its cloud-based collaboration solutions.
Oblong, Inc. (Nasdaq: OBLG) announced it will release its second quarter results for the period ending June 30, 2021, on August 11, 2021, post market close. A conference call is scheduled for the same day at 4:30 P.M. ET, with participation from CEO Peter Holst and CFO David Clark. The call will be accessible via telephone and live webcast. A replay will be available for two weeks after the call. Oblong specializes in multi-stream collaboration solutions, with its flagship product, Mezzanine™, catering to Fortune 500 companies.
FAQ
What is the current stock price of Oblong (OBLG)?
What is the market cap of Oblong (OBLG)?
