Oblong Announces Financial Results for Fourth Quarter 2023 and Provides Business Update
Oblong Inc. (OBLG)
Company Research
Source: Business Wire
DENVER--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), an innovator in collaboration solutions, today reported financial results for the fourth quarter and fiscal year ending December 31, 2023, and provided updates on the Company’s business and strategy.During 2023, the Company diligently optimized its operations, streamlined expenditures, and strengthened Oblong’s balance sheet to position itself as a lean and agile innovator in the tech landscape. Oblong raised $5.9 million in funding in 2023 that we believe provides the Company with ample liquidity and a clear runway through mid-2025. This strategic financing underscores the confidence of Oblong’s investors in the Company’s vision and long-term strategy."Our strategy for growth and enhancing shareholder value is twofold. We aim to grow organically by expanding our market presence while actively seeking inorganic growth opportunities through strategic partnerships or acquisitions," said Peter Holst, CE
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OBLG
News
- Oblong Granted 180-Day Extension by Nasdaq to Regain Compliance with Bid Price Rule [Yahoo! Finance]Yahoo! Finance
- Oblong Granted 180-Day Extension by Nasdaq to Regain Compliance with Bid Price RuleBusiness Wire
- Oblong Announces Financial Results for Fourth Quarter 2023 and Provides Business Update [Yahoo! Finance]Yahoo! Finance
OBLG
Earnings
- 5/10/23 - Beat
OBLG
Sec Filings
- 3/22/24 - Form 8-K
- 3/20/24 - Form 8-K
- 3/19/24 - Form 8-K
- OBLG's page on the SEC website