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

Taoweave

10/11/2021 22:54

* Oblong Inc  OBLG.OQ  reported a quarterly adjusted loss of 10
cents​​ per share for the quarter ended in September. The lone
analyst forecast for the quarter was for a loss of 14 cents per
share.
* Revenue was $1.80 million​;  analysts expected $1.99 million. 
* Oblong Inc's reported EPS for the quarter was a loss of 2
cents​.
* The mean earnings estimate of analysts had fallen by about 75%
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 5.7% this quarter and
lost 61.5% so far this year.
* The company reported a quarterly loss of $662 thousand.
* Wall Street's median 12-month price target for Oblong Inc is
$14.00 
* 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 November 10 at 10:54 p.m.
 ​All figures in US dollars unless otherwise stated