Ooma

Ooma Stock (NYSE:OOMA), Trade Ideas

Ooma Inc is a communications services company. It is a smart software-as-a-service ("SaaS") and unified communications platform that deliver voice and collaboration features including messaging, intelligent virtual attendants and video conferencing, and residential phone service provides PureVoice high-definition voice quality, advanced functionality and integration with mobile devices. Its services rely upon the following main elements: multi-tenant cloud service, on-premise devices, desktop and mobile applications, and calling platforms. Ooma generates revenues from the sale of subscriptions and other services.

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

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Ooma Inc

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-ratings/">analyst ratings page</a>.
<ul>
<li>B of A Securities raised the price target for Brown &amp; Brown, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bro#NYSE">BRO</a>) from $80 to $86. B of A Securities analyst Grace Carter downgraded the stock from Neutral to Underperform. Brown &amp; Brown shares gained 1.2% to close at $85.90 on Tuesday. <a href="https://www.benzinga.com/quote/BRO/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>TD Cowen boosted the price target for Kohl&#39;s Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kss#NYSE">KSS</a>) from $28 to $31. TD Cowen analyst Oliver Chen maintained an Outperform rating. Kohl&#39;s shares fell 6.7% to close at $25.36 on Tuesday. <a href="https://www.benzinga.com/quote/KSS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>BTIG cut MaxCyte, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mxct#NASDAQ">MXCT</a>) price target from $10 to $8. BTIG analyst Mark Massaro maintained a Buy rating. MaxCyte shares rose 0.3% to close at $3.98 on Tuesday. <a href="https://www.benzinga.com/quote/MXCT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley boosted the price target for Regeneron Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/regn#NASDAQ">REGN</a>) from $1,104 to $1,115. Morgan Stanley analyst Matthew Harrison maintained an Overweight rating. Regeneron Pharmaceuticals shares gained 0.6% to close at $970.57 on Tuesday. <a href="https://www.benzinga.com/quote/REGN/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Benchmark slashed Ooma, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ooma#NYSE">OOMA</a>) price target from $18 to $15. Benchmark analyst Matthew Harrigan maintained the stock with a Buy rating. Ooma shares fell 1.8% to close at $8.76 on Tuesday. <a href="https://www.benzinga.com/quote/OOMA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Piper Sandler raised the price target for The Beauty Health Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/skin#NASDAQ">SKIN</a>) from $2 to $3. Piper Sandler analyst Korinne Wolfmeyer maintained an Underweight rating. Beauty Health shares fell 1.4% to close at $3.59 on Tuesday. <a href="https://www.benzinga.com/quote/SKIN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities increased Super Micro Computer, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/smci#NASDAQ">SMCI</a>) price target from $1,040 to $1,280. B of A Securities analyst Ruplu Bhattacharya maintained a Buy rating. Super Micro Computer shares rose 7.8% to close at $1,163.00 on Tuesday. <a href="https://www.benzinga.com/quote/SMCI/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities boosted NVIDIA Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvda#NASDAQ">NVDA</a>) price target from $925 to $1,100. B of A Securities analyst Vivek Arya maintained a Buy rating. NVIDIA shares rose 7.2% to close at $919.13 on Tuesday. <a href="https://www.benzinga.com/quote/NVDA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wolfe Research cut The Boeing Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ba#NYSE">BA</a>) price target from $270 to $260. Wolfe Research analyst Myles Walton maintained an Outperform rating. Boeing shares fell 4.3% to close at $184.24 on Tuesday. <a href="https://www.benzinga.com/quote/BA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Jefferies raised Southwest Airlines Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/luv#NYSE">LUV</a>) price target from $20 to $28. Jefferies analyst Sheila Kahyaoglu upgraded the stock from Underperform to Hold. Southwest Airlines shares fell 14.9% to close at $28.76 on Tuesday. <a href="https://www.benzinga.com/quote/LUV/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
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Benchmark analyst Matthew Harrigan maintains Ooma (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OOMA#NYSE">OOMA</a>) with a Buy and lowers the price target from $18 to $15.

Benchmark Maintains Buy on Ooma, Lowers Price Target to $15

<h3>Gainers</h3>
<ul>
<li>Fangdd Network Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DUO#NASDAQ">DUO</a>) stock rose 71.9% to $1.04 during Monday's pre-market session. The company's market cap stands at $3.9 million. </li>
<li>Society Pass (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOPA#NASDAQ">SOPA</a>) stock rose 8.74% to $0.2. The market value of their outstanding shares is at $6.5 million. </li>
<li>Gamer Pakistan (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GPAK#NASDAQ">GPAK</a>) shares rose 8.72% to $0.26. The company's market cap stands at $6.7 million. </li>
<li>Creative Realities (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CREX#NASDAQ">CREX</a>) shares moved upwards by 7.6% to $3.68. The company's market cap stands at $38.3 million. </li>
<li>Sify Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIFY#NASDAQ">SIFY</a>) stock rose 6.87% to $1.4. The company's market cap stands at $255.9 million. </li>
<li>Bilibili (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BILI#NASDAQ">BILI</a>) stock rose 6.73% to $11.88. The company's market cap stands at $4.8 billion. The company's, Q4 earnings came out 2 days ago. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Lytus Technologies Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYT#NASDAQ">LYT</a>) stock fell 11.1% to $7.11 during Monday's pre-market session. The company's market cap stands at $11.1 million. </li>
<li>AirNet Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANTE#NASDAQ">ANTE</a>) stock fell 7.7% to $1.2. The market value of their outstanding shares is at $5.3 million. </li>
<li>Sound Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOGP#NASDAQ">SOGP</a>) shares declined by 5.71% to $3.3. The market value of their outstanding shares is at $17.4 million. </li>
<li>VS Media Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSME#NASDAQ">VSME</a>) shares declined by 5.57% to $0.39. The market value of their outstanding shares is at $8.5 million. </li>
<li>Ooma (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OOMA#NYSE">OOMA</a>) stock fell 5.04% to $8.87. The market value of their outstanding shares is at $228.8 million. The company's, Q4 earnings came out 4 days ago. 
See Also: <a href="http://www.benzinga.com/money/best-communication-services-stocks/" title="www.benzinga.com/money/best-communication-services-stocks/">www.benzinga.com/money/best-communication-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Alliance Global Partners has decided to maintain its Buy rating of Ooma (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OOMA#NYSE">OOMA</a>) and lower its price target from $16.00 to $14.50.
Shares of Ooma are trading up 1.11% over the last 24 hours, at $10.00 per share.
A move to $14.50 would account for a 45.0% increase from the current share price.
<h3>About Ooma</h3>
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.
<h3>About Analyst Ratings</h3>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Alliance Global Partners Maintains Buy Rating for Ooma: Here's What You Need To Know

B. Riley Securities analyst Josh Nichols reiterates Ooma (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OOMA#NYSE">OOMA</a>) with a Buy and lowers the price target from $19 to $14.5.

Reiteration

B. Riley Securities Reiterates Buy on Ooma, Lowers Price Target to $14.5

Alliance Global Partners analyst Brian Kinstlinger maintains Ooma (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OOMA#NYSE">OOMA</a>) with a Buy and lowers the price target from $16 to $14.5.

Alliance Global Partners Maintains Buy on Ooma, Lowers Price Target to $14.5

Guidance

Ooma Sees Q1 Adj. EPS $0.11-$0.12 vs $0.11 Est., FY25 Revenue $0.51-$0.55 vs $0.61 Est.

Ooma (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OOMA#NYSE">OOMA</a>) reported its Q4 earnings results on Tuesday, March 5, 2024 at 04:15 PM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Ooma beat estimated earnings by 8.0%, reporting an EPS of $0.13 versus an estimate of $0.12.
Revenue was up $5.18 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company missed on EPS by $0.0 which was followed by a 9.0% drop in the share price the next day.
Here's a look at Ooma's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.15</td>
<td>0.14</td>
<td>0.14</td>
<td>0.14</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.15</td>
<td>0.14</td>
<td>0.16</td>
<td>0.16</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>60.78M</td>
<td>57.63M</td>
<td>56.50M</td>
<td>56.41M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>59.86M</td>
<td>58.35M</td>
<td>56.85M</td>
<td>56.50M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Ooma <a href="https://www.benzinga.com/quote/OOMA/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

Recap: Ooma Q4 Earnings

Ooma (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OOMA#NYSE">OOMA</a>) reported quarterly earnings of $0.130 per share which beat the analyst consensus estimate of $0.120 by 8.33 percent. The company reported quarterly sales of $61.676 million which beat the analyst consensus estimate of $61.457 million by 0.36 percent. This is a 9.17 percent increase over sales of $56.496 million the same period last year.

Earnings Beats

Ooma Q4 2024 Adj EPS $0.130 Beats $0.120 Estimate, Sales $61.676M Beat $61.457M Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) is estimated to report quarterly loss at $0.51 per share on revenue of $2.29 billion.
&bull; Target (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) is estimated to report quarterly earnings at $2.22 per share on revenue of $29.33 billion.
&bull; 2seventy bio (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSVT#NASDAQ">TSVT</a>) is expected to report quarterly loss at $0.99 per share on revenue of $14.71 million.
&bull; CLPS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLPS#NASDAQ">CLPS</a>) is expected to report earnings for its first quarter.
&bull; Seres Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRB#NASDAQ">MCRB</a>) is projected to report quarterly loss at $0.50 per share on revenue of $350 thousand.
&bull; Vivid Seats (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEAT#NASDAQ">SEAT</a>) is expected to report quarterly earnings at $0.06 per share on revenue of $183.67 million.
&bull; Nuwellis (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NUWE#NASDAQ">NUWE</a>) is projected to report quarterly loss at $1.39 per share on revenue of $2.55 million.
&bull; Consolidated Comms Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNSL#NASDAQ">CNSL</a>) is likely to report quarterly loss at $0.36 per share on revenue of $276.94 million.
&bull; CECO Environmental (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CECO#NASDAQ">CECO</a>) is likely to report quarterly earnings at $0.24 per share on revenue of $146.61 million.
&bull; 908 Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MASS#NASDAQ">MASS</a>) is expected to report quarterly loss at $0.26 per share on revenue of $14.16 million.
&bull; Neuronetics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STIM#NASDAQ">STIM</a>) is projected to report quarterly loss at $0.26 per share on revenue of $19.85 million.
&bull; Broadwind (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BWEN#NASDAQ">BWEN</a>) is expected to report quarterly earnings at $0.00 per share on revenue of $50.15 million.
&bull; Global Business Travel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBTG#NYSE">GBTG</a>) is projected to report quarterly loss at $0.03 per share on revenue of $541.17 million.
&bull; Riskified (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSKD#NYSE">RSKD</a>) is likely to report quarterly earnings at $0.03 per share on revenue of $84.02 million.
&bull; Angel Oak Mortgage REIT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AOMR#NYSE">AOMR</a>) is expected to report quarterly earnings at $0.18 per share on revenue of $9.00 million.
&bull; L.B. Foster (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSTR#NASDAQ">FSTR</a>) is expected to report quarterly earnings at $0.01 per share on revenue of $129.35 million.
&bull; Rand Capital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RAND#NASDAQ">RAND</a>) is expected to report earnings for its fourth quarter.
&bull; Dave (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DAVE#NASDAQ">DAVE</a>) is likely to report earnings for its fourth quarter.
&bull; Sophia Genetics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOPH#NASDAQ">SOPH</a>) is projected to report quarterly loss at $0.26 per share on revenue of $17.33 million.
&bull; First Watch Restaurant Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FWRG#NASDAQ">FWRG</a>) is expected to report quarterly earnings at $0.04 per share on revenue of $237.53 million.
&bull; Compugen (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGEN#NASDAQ">CGEN</a>) is likely to report quarterly earnings at $0.22 per share on revenue of $20.00 million.
&bull; SmartRent (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMRT#NYSE">SMRT</a>) is likely to report quarterly loss at $0.01 per share on revenue of $59.49 million.
&bull; Ferguson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FERG#NYSE">FERG</a>) is estimated to report quarterly earnings at $1.85 per share on revenue of $6.77 billion.
&bull; Cipher Mining (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CIFR#NASDAQ">CIFR</a>) is estimated to report quarterly loss at $0.04 per share on revenue of $41.78 million.
&bull; Axogen (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXGN#NASDAQ">AXGN</a>) is likely to report quarterly loss at $0.10 per share on revenue of $41.65 million.
&bull; V2X (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VVX#NYSE">VVX</a>) is expected to report quarterly earnings at $0.33 per share on revenue of $1.01 billion.
&bull; Wag Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PET#NASDAQ">PET</a>) is likely to report earnings for its fourth quarter.
&bull; Myers Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MYE#NYSE">MYE</a>) is expected to report quarterly earnings at $0.26 per share on revenue of $196.19 million.
<h3>Companies Reporting After The Bell</h3>
&bull; Fabrinet (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FN#NYSE">FN</a>) is estimated to report quarterly earnings at $0.80 per share on revenue of $197.70 million.
&bull; Nordstrom (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JWN#NYSE">JWN</a>) is estimated to report quarterly earnings at $0.88 per share on revenue of $4.39 billion.
&bull; BlackRock Cap Inv (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKCC#NASDAQ">BKCC</a>) is likely to report quarterly earnings at $0.12 per share on revenue of $20.32 million.
&bull; Presto Automation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRST#NASDAQ">PRST</a>) is likely to report earnings for its fourth quarter.
&bull; Kingsway Financial Servs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KFS#NYSE">KFS</a>) is likely to report earnings for its fourth quarter.
&bull; Emergent BioSolutions (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EBS#NYSE">EBS</a>) is expected to report quarterly loss at $0.19 per share on revenue of $293.53 million.
&bull; Cumberland (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPIX#NASDAQ">CPIX</a>) is likely to report earnings for its fourth quarter.
&bull; TRACON Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCON#NASDAQ">TCON</a>) is likely to report quarterly loss at $0.08 per share on revenue of $1.00 million.
&bull; Entravision Comms (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EVC#NYSE">EVC</a>) is projected to report quarterly earnings at $0.07 per share on revenue of $308.47 million.
&bull; Bionano Genomics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNGO#NASDAQ">BNGO</a>) is projected to report quarterly loss at $0.87 per share on revenue of $10.58 million.
&bull; Inspirato (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISPO#NASDAQ">ISPO</a>) is likely to report quarterly loss at $3.66 per share on revenue of $73.50 million.
&bull; Marinus Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNS#NASDAQ">MRNS</a>) is expected to report quarterly loss at $0.62 per share on revenue of $8.01 million.
&bull; Allient (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALNT#NASDAQ">ALNT</a>) is expected to report quarterly earnings at $0.32 per share on revenue of $132.56 million.
&bull; Bristow Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTOL#NYSE">VTOL</a>) is projected to report quarterly earnings at $0.54 per share on revenue of $329.20 million.
&bull; Greenlight Capital Re (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLRE#NASDAQ">GLRE</a>) is estimated to report earnings for its fourth quarter.
&bull; Rigel Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIGL#NASDAQ">RIGL</a>) is estimated to report quarterly loss at $0.03 per share on revenue of $34.10 million.
&bull; Plus Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSTV#NASDAQ">PSTV</a>) is projected to report quarterly loss at $1.07 per share on revenue of $1.06 million.
&bull; Socket Mobile (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCKT#NASDAQ">SCKT</a>) is estimated to report quarterly loss at $0.06 per share on revenue of $4.91 million.
&bull; Nyxoah (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NYXH#NASDAQ">NYXH</a>) is expected to report quarterly loss at $0.40 per share on revenue of $1.95 million.
&bull; Park-Ohio Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PKOH#NASDAQ">PKOH</a>) is likely to report quarterly earnings at $0.55 per share on revenue of $386.45 million.
&bull; W&amp;T Offshore (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTI#NYSE">WTI</a>) is expected to report quarterly earnings at $0.01 per share on revenue of $138.42 million.
&bull; Cadre Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDRE#NYSE">CDRE</a>) is projected to report quarterly earnings at $0.18 per share on revenue of $121.79 million.
&bull; Semler Scientific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>) is expected to report quarterly earnings at $0.57 per share on revenue of $14.50 million.
&bull; Agiliti (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGTI#NYSE">AGTI</a>) is projected to report quarterly earnings at $0.11 per share on revenue of $291.41 million.
&bull; Nuvei (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVEI#NASDAQ">NVEI</a>) is projected to report quarterly earnings at $0.45 per share on revenue of $319.51 million.
&bull; Franco-Nevada (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNV#NYSE">FNV</a>) is estimated to report quarterly earnings at $0.84 per share on revenue of $283.00 million.
&bull; Mayville Engineering (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MEC#NYSE">MEC</a>) is projected to report quarterly earnings at $0.13 per share on revenue of $152.30 million.
&bull; Aquestive Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AQST#NASDAQ">AQST</a>) is likely to report quarterly loss at $0.08 per share on revenue of $11.63 million.
&bull; Orthofix Medical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OFIX#NASDAQ">OFIX</a>) is expected to report earnings for its fourth quarter.
&bull; MeridianLink (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLNK#NYSE">MLNK</a>) is estimated to report quarterly loss at $0.13 per share on revenue of $74.86 million.
&bull; Ross Stores (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROST#NASDAQ">ROST</a>) is likely to report earnings for its fourth quarter.
&bull; Cerus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CERS#NASDAQ">CERS</a>) is expected to report quarterly loss at $0.02 per share on revenue of $49.27 million.
&bull; American Public Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APEI#NASDAQ">APEI</a>) is projected to report quarterly earnings at $0.14 per share on revenue of $150.47 million.
&bull; Cricut (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRCT#NASDAQ">CRCT</a>) is estimated to report quarterly earnings at $0.05 per share on revenue of $249.68 million.
&bull; Crexendo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CXDO#NASDAQ">CXDO</a>) is projected to report quarterly earnings at $0.04 per share on revenue of $13.80 million.
&bull; Aeva Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEVA#NYSE">AEVA</a>) is likely to report quarterly loss at $0.15 per share on revenue of $1.57 million.
&bull; LSB Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXU#NYSE">LXU</a>) is estimated to report quarterly earnings at $0.04 per share on revenue of $127.21 million.
&bull; PlayAGS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGS#NYSE">AGS</a>) is projected to report quarterly earnings at $0.03 per share on revenue of $92.57 million.
&bull; Full House Resorts (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLL#NASDAQ">FLL</a>) is likely to report quarterly loss at $0.14 per share on revenue of $63.13 million.
&bull; CrowdStrike Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) is expected to report quarterly earnings at $0.82 per share on revenue of $839.04 million.
&bull; HashiCorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HCP#NASDAQ">HCP</a>) is expected to report quarterly earnings at $0.01 per share on revenue of $149.29 million.
&bull; Banco BBVA Argentina (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBAR#NYSE">BBAR</a>) is estimated to report earnings for its fourth quarter.
&bull; NeuroPace (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NPCE#NASDAQ">NPCE</a>) is expected to report quarterly loss at $0.31 per share on revenue of $17.46 million.
&bull; Couchbase (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BASE#NASDAQ">BASE</a>) is projected to report earnings for its fourth quarter.
&bull; Ooma (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OOMA#NYSE">OOMA</a>) is likely to report quarterly earnings at $0.12 per share on revenue of $61.46 million.
&bull; ChargePoint Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHPT#NYSE">CHPT</a>) is likely to report quarterly loss at $0.13 per share on revenue of $119.59 million.
&bull; ODDITY Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODD#NASDAQ">ODD</a>) is expected to report earnings for its fourth quarter.
&bull; NewtekOne (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEWT#NASDAQ">NEWT</a>) is projected to report quarterly earnings at $0.58 per share on revenue of $63.35 million.
&bull; Box (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BOX#NYSE">BOX</a>) is expected to report quarterly earnings at $0.38 per share on revenue of $262.95 million.
&bull; Weyco Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WEYS#NASDAQ">WEYS</a>) is projected to report earnings for its fourth quarter.
&bull; Alexandria Real Estate (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARE#NYSE">ARE</a>) is likely to report earnings for its fourth quarter.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

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Earnings Scheduled For March 5, 2024

Ooma (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OOMA#NYSE">OOMA</a>) is set to give its latest quarterly earnings report on Tuesday, 2024-03-05. Here's what investors need to know before the announcement.
Analysts estimate that Ooma will report an earnings per share (EPS) of $0.12. 
Ooma bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company missed EPS by $0.00, which was followed by a 9.28% drop in the share price the next day.
Here's a look at Ooma's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.15</td>
<td>0.14</td>
<td>0.14</td>
<td>0.14</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.15</td>
<td>0.14</td>
<td>0.16</td>
<td>0.16</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-9.0%</td>
<td>0.0%</td>
<td>-3.0%</td>
<td>-1.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1709560967_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Ooma were trading at $10.04 as of February 29. Over the last 52-week period, shares are down 22.47%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. 
<a href="https://www.benzinga.com/quote/OOMA/earnings">To track all earnings releases for Ooma visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Ooma Earnings Preview

Although U.S. stocks closed mostly higher on Friday, there were a few notable insider trades.
When insiders purchase shares, it indicates their confidence in the company&#39;s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
Below is a look at a few recent notable insider purchases. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/"> Benzinga&#39;s insider transactions </a> platform.
<h3>Ooma </h3>
<ul>
<li>The Trade: Ooma, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ooma#NYSE">OOMA</a>) CEO and President Eric B Stang <a href="https://www.benzinga.com/quote/OOMA/analyst-ratings"> acquired a total of 10,000 shares </a> an average price of $9.85. To acquire these shares, it cost around $98,486.</li>
<li>What&rsquo;s Happening: On Dec. 5, Ooma posted in-line earnings for its third quarter.</li>
<li>What Ooma Does: Ooma Inc is a United States-based provider of innovative communication solutions and other connected services to small business, home, and mobile users.</li>
</ul>
<h3>Chart Industries </h3>
<ul>
<li>The Trade: Chart Industries, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gtls#NYSE">GTLS</a>) Director Linda Harty acquired a total of 1,000 shares at an average price of $130.14. To acquire these shares, it cost around $130,140.</li>
<li>What&rsquo;s Happening: On Oct. 27, Chart Industries reported worse-than-expected third-quarter financial results and lowered full year 2023 sales guidance.</li>
<li>What Chart Industries Does: Chart Industries provides a variety of cryogenic equipment for storage, distribution, and other processes within the industrial gas and liquefied natural gas (LNG) industries.</li>
</ul>
Don&rsquo;t forget to check out our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a> 
<h3>Kewaunee Scientific </h3>
<ul>
<li>The Trade: Kewaunee Scientific Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/kequ#NASDAQ">KEQU</a>) Director John Russell <a href="https://www.benzinga.com/sec/insider-trades/"> bought a total of 7,500 shares </a> at an average price of $22.98. To acquire these shares, it cost around $172,361.</li>
<li>What&rsquo;s Happening: On Dec. 6, Kewaunee Scientific posted a profit for the second quarter.</li>
<li>What Kewaunee Scientific Does: Kewaunee Scientific Corp is engaged in the design, manufacture, and installation of laboratory, healthcare, and technical furniture products.</li>
</ul>
&nbsp;
Check This Out: <a href="https://www.benzinga.com/news/earnings/23/12/36276431/heico-emcor-group-and-3-stocks-to-watch-heading-into-monday"> HEICO, EMCOR Group And 3 Stocks To Watch Heading Into Monday </a>

<h3>Gainers</h3>
<ul>
<li>Troika Media Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRKA#NASDAQ">TRKA</a>) shares increased by 28.0% to $1.69 during Wednesday's regular session. The market value of their outstanding shares is at $28.1 million. </li>
<li>AirNet Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANTE#NASDAQ">ANTE</a>) shares moved upwards by 16.25% to $0.68. The company's market cap stands at $6.0 million. </li>
<li>Loop Media (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/LPTV#AMEX">LPTV</a>) shares rose 14.43% to $0.74. The company's market cap stands at $48.3 million. </li>
<li>System1 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SST#NYSE">SST</a>) shares increased by 12.59% to $1.43. The market value of their outstanding shares is at $135.0 million. </li>
<li>Kore Group Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KORE#NYSE">KORE</a>) stock moved upwards by 12.53% to $0.6. The company's market cap stands at $52.2 million. </li>
<li>PodcastOne (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PODC#NASDAQ">PODC</a>) shares increased by 12.5% to $2.16. The market value of their outstanding shares is at $49.8 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Starbox Group Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STBX#NASDAQ">STBX</a>) stock declined by 40.7% to $0.12 during Wednesday's regular session. The company's market cap stands at $8.9 million. </li>
<li>Brera Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BREA#NASDAQ">BREA</a>) stock declined by 18.3% to $0.53. The company's market cap stands at $5.9 million. </li>
<li>Abits Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABTS#NASDAQ">ABTS</a>) stock fell 11.2% to $1.11. The market value of their outstanding shares is at $39.4 million. </li>
<li>ZW Data Action Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNET#NASDAQ">CNET</a>) stock decreased by 9.04% to $0.97. The market value of their outstanding shares is at $7.0 million. </li>
<li>Ooma (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OOMA#NYSE">OOMA</a>) stock declined by 8.74% to $10.81. The company's market cap stands at $276.8 million. As per the press release, Q3 earnings came out yesterday. </li>
<li>Arena Group Holdings (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/AREN#AMEX">AREN</a>) shares declined by 8.18% to $2.87. The company's market cap stands at $68.2 million. 
See Also: <a href="http://www.benzinga.com/money/best-communication-services-stocks/" title="www.benzinga.com/money/best-communication-services-stocks/">www.benzinga.com/money/best-communication-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Communication Services Stocks Moving In Wednesday's Intraday Session

<h3>Gainers</h3>
<ul>
<li>Mobiquity Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOBQ#NASDAQ">MOBQ</a>) shares increased by 26.0% to $0.44 during Tuesday's after-market session. </li>
<li>VS Media Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSME#NASDAQ">VSME</a>) stock rose 4.51% to $0.76. The company's market cap stands at $16.8 million. </li>
<li>Hanryu Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HRYU#NASDAQ">HRYU</a>) stock moved upwards by 4.11% to $0.43. The market value of their outstanding shares is at $22.8 million. </li>
<li>Lizhi (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIZI#NASDAQ">LIZI</a>) stock rose 3.08% to $2.34. The company's market cap stands at $12.3 million. As per the news, the Q3 earnings report came out 4 days ago. </li>
<li>Chicken Soup for the Soul (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSSE#NASDAQ">CSSE</a>) stock increased by 2.88% to $0.28. The company's market cap stands at $8.8 million. </li>
<li>NFT (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/MI#AMEX">MI</a>) shares increased by 2.56% to $0.2. The market value of their outstanding shares is at $6.9 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Ooma (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OOMA#NYSE">OOMA</a>) stock decreased by 5.4% to $11.21 during Tuesday's after-market session. The company's market cap stands at $286.9 million. As per the news, the Q3 earnings report came out today. </li>
<li>ZW Data Action Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNET#NASDAQ">CNET</a>) stock declined by 2.81% to $1.04. The company's market cap stands at $7.4 million. </li>
<li>Collective Audience (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAUD#NASDAQ">CAUD</a>) shares decreased by 2.24% to $1.75. The company's market cap stands at $23.0 million. </li>
<li>Bumble (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BMBL#NASDAQ">BMBL</a>) stock declined by 2.02% to $13.65. The market value of their outstanding shares is at $1.8 billion. </li>
<li>Skillz (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKLZ#NYSE">SKLZ</a>) shares decreased by 1.95% to $6.05. The company's market cap stands at $129.7 million. </li>
<li>FaZe Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FAZE#NASDAQ">FAZE</a>) shares fell 1.9% to $0.19. The company's market cap stands at $14.8 million. 
See Also: <a href="http://www.benzinga.com/money/best-communication-services-stocks/" title="www.benzinga.com/money/best-communication-services-stocks/">www.benzinga.com/money/best-communication-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Communication Services Stocks Moving In Tuesday's After-Market Session

Ooma Sees Q4 Adj. EPS $0.12-$0.13 vs $0.14 Est., Total revenue $61.2M-$61.8M vs $62.33M Est.; Sees FY24 Adj. EPS $0.57-$0.58 vs $0.60 Est., Total Revenue $236.3M-$236.9M vs $236.99M Est.

Ooma (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OOMA#NYSE">OOMA</a>) reported quarterly earnings of $0.15 per share which met the analyst consensus estimate. This is a 7.14 percent increase over earnings of $0.14 per share from the same period last year. The company reported quarterly sales of $59.90 million which missed the analyst consensus estimate of $60.78 million by 1.45 percent. This is a 5.68 percent increase over sales of $56.68 million the same period last year.

Earnings Misses

Ooma Q3 Adj $0.15, Inline, Sales $59.90M Miss $60.78M Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; Core &amp; Main (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNM#NYSE">CNM</a>) is expected to report quarterly earnings at $0.69 per share on revenue of $1.83 billion.
&bull; AutoZone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) is estimated to report quarterly earnings at $31.57 per share on revenue of $4.20 billion.
&bull; NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) is estimated to report quarterly loss at $0.43 per share on revenue of $2.63 billion.
&bull; America&#39;s Car-Mart (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRMT#NASDAQ">CRMT</a>) is estimated to report quarterly earnings at $0.78 per share on revenue of $363.76 million.
&bull; Daktronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DAKT#NASDAQ">DAKT</a>) is projected to report quarterly earnings at $0.13 per share on revenue of $213.70 million.
&bull; G-III Apparel Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GIII#NASDAQ">GIII</a>) is likely to report quarterly earnings at $2.06 per share on revenue of $1.13 billion.
&bull; Signet Jewelers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SIG#NYSE">SIG</a>) is expected to report quarterly earnings at $0.18 per share on revenue of $1.39 billion.
&bull; J.Jill (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JILL#NYSE">JILL</a>) is estimated to report quarterly earnings at $0.61 per share on revenue of $145.80 million.
&bull; Lands&#39; End (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LE#NASDAQ">LE</a>) is expected to report quarterly loss at $0.17 per share on revenue of $347.50 million.
&bull; Designer Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DBI#NYSE">DBI</a>) is likely to report quarterly earnings at $0.48 per share on revenue of $829.18 million.
&bull; Ferguson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FERG#NYSE">FERG</a>) is estimated to report quarterly earnings at $2.62 per share on revenue of $7.68 billion.
&bull; ZeroFox Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZFOX#NASDAQ">ZFOX</a>) is projected to report quarterly loss at $0.07 per share on revenue of $55.97 million.
&bull; D-MARKET Electronic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HEPS#NASDAQ">HEPS</a>) is expected to report earnings for its third quarter.
&bull; JM Smucker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJM#NYSE">SJM</a>) is projected to report quarterly earnings at $2.47 per share on revenue of $1.95 billion.
<h3>Companies Reporting After The Bell</h3>
&bull; AeroVironment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVAV#NASDAQ">AVAV</a>) is projected to report quarterly earnings at $0.60 per share on revenue of $170.91 million.
&bull; Descartes Systems Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DSGX#NASDAQ">DSGX</a>) is projected to report quarterly earnings at $0.34 per share on revenue of $145.97 million.
&bull; Toll Brothers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) is estimated to report quarterly earnings at $3.71 per share on revenue of $2.77 billion.
&bull; Powell Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>) is projected to report quarterly earnings at $1.20 per share on revenue of $196.79 million.
&bull; Ooma (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OOMA#NYSE">OOMA</a>) is estimated to report quarterly earnings at $0.15 per share on revenue of $60.78 million.
&bull; SentinelOne (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/S#NYSE">S</a>) is likely to report quarterly loss at $0.08 per share on revenue of $156.09 million.
&bull; Dave &amp; Buster&#39;s Enter (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>) is projected to report quarterly loss at $0.12 per share on revenue of $472.25 million.
&bull; Yext (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YEXT#NYSE">YEXT</a>) is expected to report quarterly earnings at $0.07 per share on revenue of $102.16 million.
&bull; Stitch Fix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFIX#NASDAQ">SFIX</a>) is projected to report quarterly loss at $0.25 per share on revenue of $362.42 million.
&bull; Skillsoft (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKIL#NYSE">SKIL</a>) is projected to report quarterly loss at $4.25 per share on revenue of $144.30 million.
&bull; MongoDB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) is estimated to report quarterly earnings at $0.50 per share on revenue of $403.65 million.
&bull; Box (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BOX#NYSE">BOX</a>) is expected to report quarterly earnings at $0.38 per share on revenue of $263.69 million.
&bull; Asana (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASAN#NYSE">ASAN</a>) is estimated to report quarterly loss at $0.11 per share on revenue of $164.14 million.
&bull; Phreesia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHR#NYSE">PHR</a>) is projected to report quarterly loss at $0.36 per share on revenue of $89.68 million.
&bull; HealthEquity (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HQY#NASDAQ">HQY</a>) is likely to report quarterly earnings at $0.50 per share on revenue of $243.75 million.
&bull; Rent the Runway (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RENT#NASDAQ">RENT</a>) is projected to report quarterly loss at $0.44 per share on revenue of $73.07 million.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

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Earnings Scheduled For December 5, 2023

Ooma (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OOMA#NYSE">OOMA</a>) is set to give its latest quarterly earnings report on Tuesday, 2023-12-05. Here's what investors need to know before the announcement.
Analysts estimate that Ooma will report an earnings per share (EPS) of $0.15. 
Ooma bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company missed EPS by $0.00, which was followed by a 0.14% increase in the share price the next day.
Here's a look at Ooma's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.14</td>
<td>0.14</td>
<td>0.14</td>
<td>0.11</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.14</td>
<td>0.16</td>
<td>0.16</td>
<td>0.14</td>
</tr>
<tr>
<td>Price Change %</td>
<td>0.14%</td>
<td>-2.91%</td>
<td>-0.9%</td>
<td>-2.35%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2023/1701702096_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Ooma were trading at $11.86 as of December 01. Over the last 52-week period, shares are down 19.85%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. 
<a href="https://www.benzinga.com/quote/OOMA/earnings">To track all earnings releases for Ooma visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Ooma's Earnings: A Preview

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi"> RSI is below 30.</a>
Here&rsquo;s the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3>IAC Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/iac#NASDAQ">IAC</a>)</h3>
<ul>
<li>IAC shares reported worse-than-expected second-quarter financial results. The company&rsquo;s stock has a <a href="https://www.benzinga.com/quote/IAC">52-week low of $41.52 </a>.</li>
<li>RSI Value: 28.46</li>
<li>IAC Price Action: Shares of IAC fell 3.1% to close at $42.01 on Thursday.</li>
</ul>
<h3>Ooma, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ooma#NYSE">OOMA</a>)</h3>
<ul>
<li>Ooma posted better-than-expected sales for its second quarter. &quot;Ooma performed well in Q2 with 14% year-over-year subscription and services revenue growth, driven by 27% year-over-year growth in business services revenue,&quot; said Eric Stang, chief executive officer of Ooma. It <a href="https://www.benzinga.com/quote/OOMA"> has a 52-week low </a> of $10.92.</li>
<li>RSI Value: 27.65</li>
<li>OOMA Price Action: Shares of Ooma gained 0.5% to close at $11.28 on Thursday.</li>
</ul>
<h3>ZipRecruiter, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/zip#NYSE">ZIP</a>)</h3>
<ul>
<li>UBS analyst Kunal Madhukar recently initiated coverage on ZipRecruiter with a Neutral rating and announced a price target of $13. The company&rsquo;s stock has a 52-week <a href="https://www.benzinga.com/quote/ZIP"> low of $10.27.</a></li>
<li>RSI Value: 27.79</li>
<li>ZIP Price Action: Shares of ZipRecruiter gained 0.3% to close at $10.45 on Thursday.</li>
</ul>
<h3>Iridium Communications Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/irdm#NASDAQ">IRDM</a>)</h3>
<ul>
<li>Iridium Communications reported worse-than-expected third-quarter financial results. &quot;Iridium continues to enjoy strong subscriber momentum and broad-based revenue growth across its commercial business lines, which drove record operational EBITDA,&quot; said Matt Desch, CEO, Iridium. The company&rsquo;s 52-week low is $36.70.</li>
<li>RSI Value: 23.09</li>
<li>IRDM Price Action: Shares of Iridium Communications fell 0.4% to close at $36.80 on Thursday.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/news/earnings/23/10/35457437/amazon-chevron-and-3-stocks-to-watch-heading-into-friday"> Amazon, Chevron And 3 Stocks To Watch Heading Into Friday </a>

ANTE, CXDO among major communication services gainers; SLE, EVC among losers

In a report released today, Erik Suppiger from JMP Securities reiterated a Buy rating on Ooma (OOMA – Research Report), with a price target of $18....

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The telecom industry looks well-positioned to expand due to growing demand for high-speed internet and digitalization, significant investments into 5G infrastructure, and the integration of Gen-AI. Therefore, it could be wise to consider investing in fundamentally strong telecom stocks PLDT (PHI), Ooma (OOMA), and uCloudlink Group (UCL). Continue reading... The telecom industry is expected to expand in response to increased demand for high-speed internet, 5G technology, remote work, and virtual communication.
Given the industry's bright prospects, fundamentally strong telecom stocks PLDT Inc. (<a href="https://stocknews.com/stock/PHI/">PHI</a>), Ooma, Inc. (<a href="https://stocknews.com/stock/OOMA/">OOMA</a>), and uCloudlink Group Inc. (<a href="https://stocknews.com/stock/UCL/">UCL</a>) could be solid additions to your portfolio.
Rising spending on 5G infrastructure deployment, a growing number of mobile users, and soaring demand for high-speed data connectivity are all expected to fuel the telecom market's growth as next-generation technologies are adopted more extensively. The 5G infrastructure market is predicted to reach $9.87 billion in 2024 and $69.01 billion by 2029, growing at a <a href="https://www.mordorintelligence.com/industry-reports/5g-infrastructure-market">CAGR of 47.5%</a>.
The global telecom market's growth will be driven by the increasing demand for high-speed internet connectivity, advancements in 5G technology, and the rise of IoT devices. The global telecommunications market is expected to reach $3.10 trillion by 2030, growing at a <a href="https://www.skyquestt.com/report/telecommunication-market">CAGR of 6.2%</a>.
Gen AI advancements are pushing the boundaries and creating opportunities in numerous sectors, including telecom. Gen AI will help communication service providers (CSPs) provide better customer service, improved troubleshooting assistance, better predictive maintenance, and reduced costs.
AI in the telecommunications market is expected to reach $15.78 billion by 2032, growing at a <a href="https://www.openpr.com/news/3446074/ai-in-telecommunication-market-to-touch-us-15-78-billion">CAGR of 27.9%</a>. Investors' interest in telecom stocks is evident from the SPDR S&amp;P Telecom ETF's (<a href="https://stocknews.com/stock/XTL/">XTL</a>) 2.8% returns over the past six months.
Considering these conducive trends, let's assess the fundamentals of the three telecom industry picks.
PLDT Inc. (<a href="https://stocknews.com/stock/PHI/">PHI</a>)
Headquartered in Makati City, the Philippines, PHI provides telecommunications and digital services in the Philippines. The company operates through three segments: Wireless, Fixed Line, and others.
PHI's trailing-12-month <a href="https://www.investopedia.com/terms/g/gross_profit_margin.asp">gross profit margin</a> of 73.56% is 48.8% higher than the 49.44% industry average. Its 12.62% trailing-12-month net income margin is 360.8% higher than the 2.74% industry average. Also, its 24.98% trailing-12-month Return on Common Equity is 681.4% higher than the 3.20% industry average.
For the fiscal year that ended December 31, 2023, PHI's revenues from contracts with customers increased 3.2% year-over-year to ₱210.95 billion ($12.72 billion). The company's net income increased 149.9% year-over-year to ₱26.82 billion ($1.62 million). Also, EPS attributable to common equity holders of PLDT increased 154.7% year-over-year to ₱122.91.
Street expects PHI's EPS and revenue for fiscal 2024 to increase 14.6% and 2.5% year-over-year to $2.84 and $3.88 billion, respectively. Over the past six months, the stock has gained 17% to close the last trading session at $24.01.
PHI's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this promising outlook. It has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
PHI has a B grade for Growth, Stability, and Quality. Within the A-rated <a href="https://stocknews.com/category/telecom-foreign/">Telecom - Foreign</a> industry, it is ranked #7 out of 44 stocks. To see PHI's additional ratings for Value, Momentum, and Sentiment, <a href="https://stocknews.com/stock/PHI/">click here</a>.
Ooma, Inc. (<a href="https://stocknews.com/stock/OOMA/">OOMA</a>)
OOMA provides communications services and related technologies for businesses and consumers in the United States and Canada. The company's products and services include Ooma Office, Ooma Connect, Ooma Managed Wi-Fi, and Ooma Enterprise. It also offers Ooma AirDial, Ooma Basic, and Ooma Premier.
OOMA's trailing-12-month gross profit margin of 62.19% is 25.8% higher than the industry average of 49.44%. Its trailing-12-month asset turnover ratio of 1.63x is 242.3% higher than the industry average of 0.48x.
During the fourth quarter that ended January 31, 2024, OOMA's total revenues grew 9.2% year-over-year to $61.68 million. Its non-GAAP gross profit increased 6.7% from the year-ago value to $38.79 million. The company's non-GAAP net income amounted to $3.53 million and $0.13 per share, respectively.
In addition, the company's adjusted EBITDA increased 2.9% year-over-year to $5.20 million. Its total assets stood at $159.25 million as of January 31, 2024, versus $131 million as of January 31, 2023.
For the quarter ending April 30, 2024, OOMA's revenue is expected to increase 8.8% year-over-year to $61.84 million. Its EPS for fiscal 2026 is expected to increase 15.9% year-over-year to $0.62. It surpassed the Street EPS estimates in three of the trailing four quarters. Over the past month, the stock has declined 17.5% to close the last trading session at $8.28.
OOMA's strong fundamentals are reflected in its POWR Ratings. It has an overall rating of B, which equates to a Buy in our proprietary rating system.
It is ranked #2 out of 17 stocks in the <a href="https://stocknews.com/category/telecom-domestic/">Telecom - Domestic</a> industry. It has an A grade for Value and a B for Growth, Stability, and Sentiment. <a href="https://stocknews.com/stock/OOMA/">Click here</a> to see OOMA's ratings for Momentum and Quality.
uCloudlink Group Inc. (<a href="https://stocknews.com/stock/UCL/">UCL</a>)
Headquartered in Tsim Sha Tsui, Hong Kong, UCL operates as a mobile data traffic sharing marketplace in the telecommunications industry.
UCL's trailing-12-month net income margin of 3.28% is 20% higher than the industry average of 2.74%. Its trailing-12-month Return on Total Capital of 19.57% is 494.9% higher than the industry average of 3.29%. Its 4.97% trailing-12-month Return on Total Assets is 301.2% higher than the 1.24% industry average.
For the fourth quarter that ended December 31, 2023, UCL reported revenues of $21.73 million, up 10.8% year-over-year. The company's gross profit increased 12.2% year-over-year to $11.29 million. Its adjusted net income stood at $1.08 million.
In addition, its total current assets stood at $49.02 million as of December 31, 2023, versus $41.35 million as of December 31, 2022.
Analysts expect UCL's EPS for the quarter ending September 30, 2024, to increase 586.3% year-over-year to $0.07. Its revenue for the quarter ending June 30, 2024, is expected to increase 14.1% year-over-year to $25.08 million. It surpassed the consensus EPS estimates in three of the trailing four quarters. Shares of UCL have gained 1.4% over the past month to close the last trading session at $1.50.
It's no surprise that UCL has an overall B rating, equating to a Buy in our POWR Ratings system.
It has an A grade for Growth and Sentiment and a B for Quality. It is ranked #6 in the Telecom - Foreign industry. Beyond what is stated above, we've also rated UCL for Value, Momentum and Stability. Get all UCL ratings <a href="https://stocknews.com/stock/UCL/">here</a>.
What To Do Next?
43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead.
<a href="https://report.stocknews.com/sign-up/stock-market-outlook-2024/?formplacement=artbotad_smo24_rep">2024 Stock Market Outlook &gt;</a>

<hr />
PHI shares were trading at $23.93 per share on Wednesday morning, down $0.08 (-0.33%). Year-to-date, PHI has gained 4.63%, versus a 9.85% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rashmi Kumari</h2> <img src='https:/wp-content/uploads/2022/10/Rashmi-Kumari_headshot_2-1.jpg' style="float:left; padding:5px;width:125px;">Rashmi is passionate about capital markets, wealth management, and financial regulatory issues, which led her to pursue a career as an investment analyst. With a master's degree in commerce, she aspires to make complex financial matters understandable for individual investors and help them make appropriate investment decisions.<a href="https://stocknews.com/authors/?author=rashmi-kumari">More...</a>The post <a href=https://stocknews.com/news/phi-ooma-ucl-top-3-telecom-stock-buys-for-portfolio-growth/>Top 3 Telecom Stock Buys for Portfolio Growth</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Top 3 Telecom Stock Buys for Portfolio Growth

Ooma Inc. (OOMA) has disclosed a new risk, in the Debt & Financing category. Ooma Inc.'s financial health is potentially jeopardized by its $16.0 m...

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UONE

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Ooma Office Business Phone Service Now Integrates with Legal Practice Management Leader, Clio

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Ooma Office Wins PCMag 2024 Business Choice Award For VoIP Service

3Phase, a Leading Independent Elevator Service Company, Selects Ooma AirDial for POTS Replacement