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Ooma, Inc. (symbol: OOMA) is a leading provider of innovative communication solutions for both consumers and businesses. With a mission to revolutionize home and small business phone services, Ooma offers an array of products that provide free and low-cost calling in the U.S. and Canada, leveraging advanced cloud-based telephony services.
Since its inception, Ooma has been dedicated to transforming the traditional home phone service market. At the heart of their offerings is the Ooma Telo device, a sophisticated system that delivers free, high-quality calling with advanced features. This device turns a standard home phone into a smart phone, providing unparalleled convenience and value.
For three consecutive years, Ooma has been ranked as the #1 home phone service for overall satisfaction and value by a prominent consumer research publication. This accolade underscores Ooma's commitment to delivering exceptional service and value to its customers.
Building on its success in the residential market, Ooma has expanded its offerings to cater to small businesses. Ooma Office is their first-ever small business phone service, providing a comprehensive suite of features including voice, messaging, intelligent virtual attendants, and video conferencing. This service is built on a robust SaaS and unified communications platform that ensures reliable and high-definition voice quality, along with seamless integration with mobile devices.
Ooma's services are powered by a multi-tenant cloud service, on-premise devices, desktop and mobile applications, and sophisticated calling platforms. The company generates revenue through the sale of subscriptions and additional services, catering to a global customer base.
Stay updated with the latest developments, financial performance, and news about Ooma, Inc. to make informed investment decisions.
Ooma, Inc. has partnered with Carahsoft Technology Corp. to make its Ooma AirDial®, a plain old telephone service (POTS) replacement solution, available to the public sector. Carahsoft will serve as Ooma's Master Government Aggregator®, offering the product through various government contracts. This partnership aims to help public sector agencies address the nationwide phase-out of analog copper-wire phone lines.
Ooma AirDial provides a wireless drop-in replacement for POTS lines, designed for regulatory compliance and offering advanced features like remote management and emergency call alerts. The solution is important for life-safety and physical security systems that still rely on POTS, such as elevator phones and fire alarm panels. This partnership positions Carahsoft and its resellers to assist government agencies in efficiently replacing POTS with more cost-effective and advanced systems.
Ooma (NYSE: OOMA) reported fiscal Q2 2025 results with total revenue of $64.1 million, up 10% year-over-year. Subscription and services revenue grew to $59.6 million, representing 93% of total revenue. The company posted a GAAP net loss of $2.1 million, or $0.08 per share, compared to a net income of $0.3 million last year. Non-GAAP net income was $4.1 million, or $0.15 per diluted share. Adjusted EBITDA increased to $5.6 million.
For Q3 fiscal 2025, Ooma expects revenue between $64.2-$64.6 million and non-GAAP net income of $4.1-$4.3 million. Full fiscal year 2025 guidance projects revenue of $254.0-$255.5 million and non-GAAP net income of $15.7-$16.2 million. CEO Eric Stang highlighted strong execution, 10% revenue growth, and record Adjusted EBITDA and Cash Flow from Operations.
Ooma, Inc. (NYSE: OOMA), a smart communications platform for businesses and consumers, has announced its participation in the Lake Street Capital Markets 8th Annual Best Ideas Growth Conference. The event is scheduled for September 12, 2024, in New York. Ooma's Chief Financial Officer, Shig Hamamatsu, will be attending the conference and participating in investor meetings throughout the day.
It's important to note that there will be no public presentation or webcast during this event. Interested parties who wish to arrange meetings or obtain more information should contact their Lake Street Capital Markets sales representative directly.
Ooma, a smart communications platform provider, has announced its participation in the 2024 Gateway Conference. The event will take place on September 4, 2024, at the Four Seasons Hotel in San Francisco. CEO Eric Stang and CFO Shig Hamamatsu will represent Ooma, delivering a presentation at 2:30 p.m. Pacific time and holding investor meetings throughout the day.
The presentation will be webcast live and available for replay for 90 days on Ooma's Investor Relations website. Interested parties can request an invitation or schedule one-on-one meetings by emailing conference@gateway-grp.com. This event provides an opportunity for investors to gain insights into Ooma's business strategies and financial performance.
Ooma, Inc. (NYSE: OOMA), a smart communications platform provider, has announced its participation in the 15th Annual Midwest IDEAS Conference. The event will take place on August 29, 2024, at The Gwen Hotel in Chicago. Ooma's CEO Eric Stang and CFO Shig Hamamatsu will deliver a presentation in a fireside chat format from 3:30 p.m. to 4:05 p.m. Central time, with investor meetings scheduled throughout the day.
The presentation will be available as a live audio webcast and can be accessed for 90 days after the event from the Events & Presentation page of Ooma's Investor Relations website. Interested parties can contact Lacey Wesley at (817) 769-2373 or lWesley@IDEASconferences.com for more information about the conference.
Ooma, Inc. (NYSE: OOMA), a smart communications platform provider, has announced the release of its second quarter fiscal 2025 financial results. The company will disclose these results after market close on Tuesday, August 27, 2024. Following this, Ooma will host a conference call and live webcast for analysts and investors at 5:00 p.m. Eastern time on the same day.
Participants can access the call by registering through a provided link to receive dial-in details. For those preferring to listen via webcast, a link will be available on Ooma's Events & Presentations page. The company encourages early dial-in to avoid delays. An archived version of the webcast will remain accessible on Ooma's investor relations site for 12 months following the call.
Ooma, Inc. has announced the integration of its Ooma Office business phone service with Intuit QuickBooks, a leading global financial technology platform. This integration allows the Ooma Office desktop app to instantly display customer information from QuickBooks Online during inbound and outbound calls, including customer name, recent invoices, outstanding balances, and notes. The feature, known as Caller ID Pop, empowers employees to provide personalized customer service.
Key benefits include:
- Instant access to customer data during calls
- Ability to update customer notes directly in the Caller ID Pop
- One-click access to open customer records in QuickBooks
The integration is available in the United States and Canada, included at no extra cost in the Ooma Office Pro Plus service plan.
Ooma, Inc. has enhanced its Ooma AirDial® POTS replacement solution with Call Alerts, allowing up to 10 recipients to receive SMS or email notifications when calls are placed on AirDial-connected lines. This feature is particularly useful for emergency situations, such as calls from elevator phones or fire alarm panels. Call Alerts can be easily managed through AirDial's Remote Device Management web portal.
Other recent additions to AirDial include Embedded Multi-Carrier Support, Parent/Child Accounts for managing multiple locations, Export of Call Logs, and an Insights View for monitoring device status. Ooma AirDial also features unique MultiPath technology for uninterrupted calls and is designed to replace rapidly phasing out analog copper-wire phone lines while offering advanced features and improved management capabilities.
Ooma has announced the integration of its Ooma Office business phone service with Square. This integration allows users to view Square's Customer Directory information, such as customer names, purchase history, and appointments, through the Ooma Office desktop app.
This feature appears in a caller ID pop-up during calls, streamlining access to customer information and enhancing personalized customer interactions. Additionally, users can easily update customer details in the Square Customer Directory with a single click.
Ooma Office, a cloud-based phone service available in the US and Canada, offers over 50 features tailored to businesses of various sizes, including virtual receptionists, videoconferencing, and CRM integrations. The integration with Square is part of the Ooma Office Pro Plus service plan at no extra cost.
Ooma has announced new features for its Ooma Office business phone and communications service to enhance customer engagement and team collaboration. These features include a 'Contact Us' widget, an auto dialer, scheduled SMS messages, Call Park on desktop and mobile apps, an online whiteboard for videoconferences, and team chat on the mobile app. Ooma Office offers three pricing tiers with no contracts required: Essentials at $19.95 per user/month, Pro at $24.95 per user/month, and Pro Plus at $29.95 per user/month, exclusive of taxes and fees. All new features are available in the Pro Plus tier, with some available in the Pro tier. These additions aim to provide small-to-medium-sized businesses with tools typically reserved for larger organizations, enhancing productivity and communication.
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