Oblong Inc expected to post a loss of 10 cents a share - Earnings Preview

Taoweave

04/11/2022 17:03

* Oblong Inc  OBLG.OQ   OBLG.O  is expected to show a fall
in
quarterly revenue when it reports  results on November 8
(estimated). 
    * The Conifer Colorado-based  company is expected to report 
a
13.3% decrease in revenue to $1.559 million from $1.8 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Oblong Inc is for a
loss
of 10 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Oblong Inc
is
$1​, above​ its last closing price of $0.29. ​​​

This summary was machine generated November 4 at 17:02 GMT.  All
figures in US dollars  unless otherwise stated