Ooma Fiscal Q2 Adjusted Earnings, Revenue Rise; Lists Fiscal 2027 Guidance

MT Newswires Live
08/27

Ooma (OOMA) reported fiscal Q2 adjusted earnings late Wednesday of $0.35 per diluted share, up from $0.23 a year earlier.

Analysts polled by FactSet expected $0.33.

Revenue for the quarter ended July 31 rose to $83.2 million from $66.4 million a year earlier.

Analysts expected $81.7 million.

Ooma expects fiscal Q3 adjusted EPS of $0.34 to $0.35 on revenue of $83.7 million to $84.5 million.

Analysts expect $0.32 and $82.0 million, respectively.

The company raised fiscal 2027 adjusted EPS guidance to $1.35 to $1.38 on revenue of $332.0 million to $333.5 million. Its prior guidance was for adjusted EPS of $1.29 to $1.34 on revenue of $326 million to $328.5 million.

Analysts expect $1.31 and $327.5 million, respectively.

Ooma shares rose more than 3% in after-hours trading.

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