Profile
Sector:
TechnologyIndustry:
Software ApplicationCountry:
United StatesIPO:
19 June 1995Website:
http://www.oblong.comNext earnings report:
16 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Mon, 01 Jul 2024 23:53:49 GMTDividend
Analysts recommendations
Institutional Ownership
OBLG Latest News
DENVER--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong”), the award-winning maker of multi-stream collaboration solutions, announced today that it has signed a non-binding letter of intent (the “Letter of Intent”) with Dwellwell Analytics (“Dwellwell”), to acquire 100% of the outstanding equity interests of Dwellwell (the “Merger”). Pursuant to the terms of the Letter of Intent, Dwellwell securityholders would, after giving effect to the proposed Merger, own 67% of the equity of the comb.
Oblong (NASDAQ: OBLG ) stock is heading higher on Wednesday morning after the video stream management company released its Q4 2023 earnings report. That earnings report includes revenue of $944 alongside a net loss of $1.22 million.
What type of business is Oblong?
Oblong Inc., together with its subsidiaries, provides multi-stream collaboration technologies and managed services for video collaboration and network applications in the United States and internationally. The company operates in two segments, Collaboration Products and Managed Services. Its flagship product is Mezzanine that enables visual collaboration across multi-users, multi-screens, multi-devices, and multi-locations for video telepresence, laptop and application sharing, and whiteboard sharing and slides applications. The company also provides managed videoconferencing services; and remote service management, which provides an overlay to enterprise information technology and channel partner support organizations, as well as support and management services for customer video environments. In addition, it offers network services comprising Cloud Connect: Video that allows its customers to outsource the management of their video traffic to them and provides the customer's office locations with a secure, dedicated video network connection to the Oblong Cloud for video communications; Cloud Connect: Converge, which offers customized multiprotocol label switching solutions; and Cloud Connect: Cross Connect that allows the customer to leverage existing carrier for the extension of a Layer 2 private line to its data center. Further, it provides professional services, such as software development, visual and interaction design, engineering, and project support services; and resells video equipment to its customers. Oblong Inc. is based in Conifer, Colorado.
What sector is Oblong in?
Oblong is in the Technology sector
What industry is Oblong in?
Oblong is in the Software Application industry
What country is Oblong from?
Oblong is headquartered in United States
When did Oblong go public?
Oblong initial public offering (IPO) was on 19 June 1995
What is Oblong website?
https://www.oblong.com
Is Oblong in the S&P 500?
No, Oblong is not included in the S&P 500 index
Is Oblong in the NASDAQ 100?
No, Oblong is not included in the NASDAQ 100 index
Is Oblong in the Dow Jones?
No, Oblong is not included in the Dow Jones index
When does Oblong report earnings?
The next expected earnings date for Oblong is 16 August 2024