Ooma Inc Stock Price, News & Analysis

Ooma, Inc. (NYSE: OOMA) will participate in the JMP Securities Technology Conference on March 2, 2021, with a presentation by CEO Eric Stang and CFO Ravi Narula at 1:30 PM ET. The presentation will be available via live audio webcast and can be replayed for 90 days. Ooma provides a smart communications platform for businesses and consumers, offering advanced voice and collaboration features, alongside residential phone services. For more details, visit the Ooma Investor Relations page.

Ooma, Inc. (NYSE: OOMA) will release its financial results for Q4 and fiscal year ended January 31, 2021, after market close on March 1, 2021. The results will be followed by a conference call at 5:00 p.m. Eastern time, accessible via phone and webcast. Interested parties can join the call using the provided conference ID. The news release will be available on Ooma's investor relations website, and a telephonic replay will be accessible from 8:00 p.m. on March 1 through March 8, 2021.

Ooma, a smart communications platform, reported a significant surge in call volumes during the Super Bowl, peaking at 250% more simultaneous calls to quick-service restaurants compared to the previous Sunday. The increase began at 5 PM Eastern, with calls almost doubling in ten minutes, and continued at high levels until 7:30 PM, with a slight dip for the kickoff. Ooma supports over two million customers, including restaurant businesses, emphasizing its capacity to handle high traffic volumes during peak events effectively.

Ooma has appointed CFO Ravi Narula and General Counsel Jenny Yeh to its board of directors as of January 8, 2021. Narula, who has been with Ooma since 2014, is essential for driving revenue growth and enhancing shareholder value. Yeh, with a background in corporate governance and legal compliance, joined Ooma in 2018. Both appointments aim to strengthen the board's expertise and support Ooma's strategic objectives, particularly as the company approaches its new fiscal year starting February 1.

Ooma, a smart communications platform, will participate in the 23rd Annual Needham Virtual Growth Conference on January 15, 2021. CEO Eric Stang and CFO Ravi Narula will present in a fireside chat from 2:00 p.m. to 2:40 p.m. ET. The session will be available as a live audio webcast and later for replay for 180 days via Ooma's Investor Relations page. Alongside the presentation, there will be virtual investor meetings upon request.

Ooma delivers advanced communication services and smart security solutions for businesses and consumers.

Ooma, a smart communications platform, has launched Direct Routing for Microsoft Teams, enabling users to connect to external phone lines. This upgrade enhances Teams' capabilities as a business phone system, supporting devices like desktops and smartphones. Ooma's cloud platform, serving over two million users, offers superior voice quality through both public internet and MPLS methods, facilitated by seven global data centers. The service aims to simplify the integration of PSTN connectivity into Teams, emphasizing high voice quality, competitive pricing, and ease of use for system administrators.

Ooma, Inc. (NYSE: OOMA) announced its participation in the UBS Global TMT Virtual Conference from December 7-9, 2020. A key presentation by CEO Eric Stang and CFO Ravi Narula is scheduled for December 9 at 12:05 p.m. ET, which will be available as a live webcast. Following the presentation, the executives will hold virtual meetings with investors. Ooma is known for its cloud-based SaaS platform that offers advanced communication solutions for both businesses and consumers.

Ooma, Inc. (NYSE: OOMA) reported a 9% year-over-year revenue increase to $43.0 million for Q3 Fiscal 2021. Subscription and services revenue rose to $39.6 million, making up 92% of total revenue. The net loss decreased to $0.4 million or $0.02 per share, a significant improvement from the prior year’s loss of $6.8 million. Non-GAAP net income was $3.1 million, up from $0.1 million, while adjusted EBITDA reached $3.6 million. CEO Eric Stang highlighted strong sales growth through channel partners and positive market positioning.

Ooma, a smart communications platform, announced the launch of Ooma Meetings, a video collaboration tool integrated within its Ooma Office Pro service. This platform allows users to manage and join video meetings directly from the Ooma Office app, with a mobile version expected soon. Key features include simultaneous screen sharing, easy access through browsers without software installation, and a user-friendly interface. Ooma Meetings comes at no extra cost with the Office Pro subscription, which remains at $24.95 per user monthly.