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Market Overview

Ooma: Q2 Earnings Insights

Share:

Shares of Ooma (NYSE:OOMA) moved higher by 4.32% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were up 425.00% year over year to $0.13, which beat the estimate of $0.07.

Revenue of $41,412,000 rose by 10.90% year over year, which beat the estimate of $40,220,000.

Guidance

Ooma hasn't issued any earnings guidance for the time being.

Ooma hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Aug 25, 2020

Time: 05:00 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.ooma.com%2Finvestors%2Fevents-and-presentations%2Fdefault.aspx&eventid=2393720&sessionid=1&key=9E910297F8615EE524B1324BC075C23B&regTag=&sourcepage=register

Technicals

Company's 52-week high was at $19.18

52-week low: $7.45

Price action over last quarter: Up 17.42%

Company Description

Ooma Inc is a United States-based provider of innovative communication solutions and other connected services to small business, home, and mobile users. The company's hybrid software-as-a-service(SaaS) platform, consisting of its proprietary cloud, on-premise appliances, mobile applications, and end-point devices, provides the connectivity and functionality that power its solutions. Its communications solutions deliver proprietary PureVoice high-definition voice quality, advanced features, and integration with mobile devices. The majority of the company's revenue is generated in the form of Subscription and services.

 

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Posted-In: Earnings