Oblong Inc reports results for the quarter ended in June - Earnings Summary

Taoweave

12/08/2021 18:48

* Oblong Inc  OBLG.OQ  reported a quarterly adjusted loss of 8
cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 9 cents per
share.
* Revenue was $2.05 million​;  analysts expected $4.04 million. 
* Oblong Inc's reported EPS for the quarter was a loss of 8
cents​.
* The mean earnings estimate of analysts was unchanged in the
last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Oblong Inc shares had fallen by 25.3% this quarter and
lost 50.6% so far this year.
* The company reported a quarterly loss of $2.25 million.
* Wall Street's median 12-month price target for Oblong Inc is
$15.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 12 at 05:48 p.m.  ​All
figures in US dollars unless otherwise stated