Oblong (OBLG) Reports Q4 Revenues of $3.92M

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Go back to Oblong (OBLG) Reports Q4 Revenues of $3.92M

Oblong Announces 20% Sequential Revenue Increase for Fourth Quarter of 2020

March 30, 2021 4:05 PM EDT

Q4 2020 sales of Mezzanine products increase 50% sequentially to $1.6 million in the Quarter Total gross profit improves sequentially by 800 basis points to 59% Company pays down loan obligations, ending the year with stronger balance sheet Management to conduct conference call today at 4:30 p.m. ET

LOS ANGELES--(BUSINESS WIRE)-- Oblong, Inc. (Nasdaq: OBLG) (Oblong or the Company), the award-winning maker of multi-stream collaboration solutions, today reported financial results for the fourth quarter and fiscal year 2020.

Q4 2020 Financial Highlights

The Company... More