Oblong Announces Financial Results for Second Quarter 2021

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Oblong (OBLG) Tops Q2 EPS by 1c

August 11, 2021 4:25 PM EDT

Oblong (NASDAQ: OBLG) reported Q2 EPS of ($0.08), $0.01 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $2.05 million versus the consensus estimate of $4.04 million.

Pete Holst, Chairman and CEO of Oblong, commented, The recent selection of Mezzanine by one of the worlds most prominent digital entertainment companies is incremental proof that reinforces the prioritization of hybrid collaboration and the importance of envisioning new types of workspaces as employees begin a measured return to corporate office environments. Beyond this initial engagement... More