Oblong Announces Financial Results for Second Quarter 2022
Oblong, Inc. (Nasdaq: OBLG) (Oblong or the Company), the award-winning maker of multi-stream collaboration solutions, today reported financial results for the second quarter ending June 30, 2022.
- Oblong, Inc. (Nasdaq: OBLG) (Oblong or the Company), the award-winning maker of multi-stream collaboration solutions, today reported financial results for the second quarter ending June 30, 2022.
- Total revenue was $1.3 million for the second quarter of 2022 versus $2.0 million for the second quarter of 2021.
- Net loss of $9.0 million for the second quarter of 2022, compared to a net loss of $2.2 million for the second quarter of 2021.
- Adjusted EBITDA (AEBITDA) loss of $1.5 million for the second quarter of 2022, compared to an AEBITDA loss of $1.6 million for the second quarter of 2021.