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Investing.com - Oblong reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Oblong announced earnings per share of $-0.230 on revenue of $1.2M. Analysts polled by Investing.com EPS of $-0.100 on revenue of $1.56M.
Oblong 's are down 28.35% and is trading at $0.232 , still down 87.82% from its 52 week high of $2.06 set on Thursday, November 11, 2021.
Oblong shares lost 7.57% to trade at $0.232 in after-hours trade the report.
Oblong follows other major Information Technology sector earnings this month
Oblong's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, for EPS of $2.32 on revenue of $49.86B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar