Ooma Inc Stock Price, News & Analysis

Ooma, Inc. (NYSE: OOMA) announced a virtual Investor Day on April 14, 2022, from 1:00 p.m. to 3:00 p.m. Eastern time. During the event, Ooma's management team will provide insight into the company's marketplace, strategy, products, and financial outlook. There will be a Q&A session following the presentations. Interested participants can register and join the event via the company's Investor Relations website. The session will feature key executives including CEO Eric Stang and CFO Shig Hamamatsu.

Ooma, Inc. (NYSE: OOMA) has been awarded PCMag's Business Choice Award for Best VoIP System for the ninth consecutive year. This recognition highlights Ooma Office's superior performance in a competitive field, outshining nine other finalists including RingCentral and Microsoft. Ooma's voice services maintained a notable Net Promoter Score, outperforming competitors by 26%. The company continues to prioritize customer satisfaction and innovation, with service plans starting at $19.95 per user monthly.

Ooma, Inc. (NYSE: OOMA) announced its financial results for the fourth quarter and full fiscal year 2022. The company's total revenue rose to $50.5 million, a 14% increase year-over-year. Subscription and services revenue accounted for 91% of total revenue, reaching $45.8 million. GAAP net loss narrowed to $0.1 million from $0.6 million the previous year, while non-GAAP net income increased to $3.2 million. For fiscal 2023, Ooma projects total revenue between $209.5 million to $212.5 million, with GAAP net loss estimates of $4.9 million to $6.9 million.

Ooma, a leading communications platform, has announced new features to enhance hotel guest experiences and employee productivity through its Ooma Enterprise unified communications service. The integration with over 70 property management systems, powered by Jazzware, allows for custom phone messages, wake-up greetings in multiple languages, and staff notifications. These upgrades aim to streamline operations and improve service quality, positioning Ooma as a vital tool in the hospitality industry. The partnership is anticipated to drive higher revenue and repeat visits for hotels.

Ooma, a smart communications platform (NYSE: OOMA), will participate in the JMP Securities Technology Conference on March 8, 2022. The presentation will feature CEO Eric Stang and CFO Shig Hamamatsu from 5:00 p.m. to 5:25 p.m. ET at The Ritz-Carlton, San Francisco. Attendees can watch the live webcast on Ooma's Investor Relations page. In addition, the executives will meet with investors during the conference. Ooma specializes in cloud-based communications solutions for businesses and residential customers.

Ooma, Inc. (NYSE: OOMA) plans to release its fourth quarter and fiscal year financial results for the period ending January 31, 2022 after market close on March 3, 2022. A conference call for analysts and investors is scheduled for 5:00 p.m. Eastern time on the same day. The results will be accessible on the company's investor relations website prior to the call. Additionally, a telephonic replay will be available from 8:00 p.m. Eastern time on March 3 until 11:59 p.m. Eastern time on March 10.

Ooma, Inc. (NYSE: OOMA) will participate in the 24th Annual Needham Growth Conference with a presentation and investor meetings on January 10, 2022. The fireside chat is scheduled from 5:00 p.m. to 5:40 p.m. ET. Ooma CEO Eric Stang and CFO Shig Hamamatsu will present via a virtual webcast. The event will be accessible for 90 days on Ooma's Investor Relations page. Additionally, the executives will hold virtual meetings with investors. For inquiries, contact Needham & Company.

Ooma, Inc. (NYSE: OOMA) reported its fiscal Q3 2022 results, showing a 14% year-over-year revenue growth at $49.2 million. Subscription revenue reached $44.7 million, constituting 91% of total revenue. The GAAP net loss narrowed to $0.3 million, while non-GAAP net income rose to $3.3 million. Adjusted EBITDA increased to $4.0 million. For Q4 2022, Ooma forecasts revenue between $49.7 million and $50.2 million, with expected losses narrowing. The company attributes growth to business customer subscriptions and new product launches, including Ooma AirDial.

Ooma, a smart communications platform, has enhanced its Ooma Office service with new features, including Call Analytics. This upgrade enables businesses to track call volume by day and time, assisting in staffing and productivity analysis. Other features include expanded call management in the Ooma Office mobile app, integration with Google and Microsoft contacts, and improvements to voice call quality. Plans for Ooma Office start at $19.95 per month per user. This innovation aims to provide small and medium-sized businesses with affordable advanced telecommunications functionalities.