Oblong Announces Financial Results for First Quarter 2021

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Go back to Oblong Announces Financial Results for First Quarter 2021

Oblong (OBLG) Misses Q1 EPS by 9c, Revenues Miss

May 13, 2021 4:25 PM EDT

Oblong (NASDAQ: OBLG) reported Q1 EPS of ($0.23), $0.09 worse than the analyst estimate of ($0.14). Revenue for the quarter came in at $1.92 million versus the consensus estimate of $3.67 million.

As each month passes, enterprises are getting closer to a broad return to office environments. We are confident that the return to the office will be a substantial catalyst for the acceleration of our business, commented Pete Holst, Chairman and CEO of Oblong. There are thousands of conference rooms where Mezzanines unique collaboration... More