Oblong (OBLG) Reports Q4 Net Loss of $2.7M

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Go back to Oblong (OBLG) Reports Q4 Net Loss of $2.7M

Oblong Announces Financial Results for Fourth Quarter and Full Year 2021

March 29, 2022 4:10 PM EDT

Revenue related to our Mezzanine products increased 24% sequentially from Q3 to Q4 2021 driven by a significant order from a global Aerospace and Defense Company

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 full year ending December 31, 2021.

The Companys total revenue increased 10% sequentially to $2.0 million for the fourth quarter of 2021 versus $1.8 million for the third quarter of 2021. Revenue related to our Mezzanine collaboration... More