Benzinga | May 13, 2021 04:31PM EDT

Oblong Q1 EPS $(0.23) Misses $(0.14) Estimate, Sales $1.92M Miss $3.67M Estimate

Oblong (AMEX:OBLG) reported quarterly losses of $(0.23) per share which missed the analyst consensus estimate of $(0.14) by 64.29 percent. This is a 61.67 percent increase over losses of $(0.60) per share from the same period last year. The company reported quarterly sales of $1.92 million which missed the analyst consensus estimate of $3.67 million by 47.74 percent. This is a 64.00 percent decrease over sales of $5.33 million the same period last year.