Welcome to our dedicated page for Ooma news (Ticker: OOMA), a resource for investors and traders seeking the latest updates and insights on Ooma stock.
Ooma, Inc. (NYSE: OOMA) is a smart communications platform for businesses and consumers, and its news flow reflects activity across product development, financial performance and strategic transactions. Founded in 2003, the company delivers phone, messaging, video and advanced communications services through offerings such as Ooma Office for small to medium-sized businesses, Ooma AirDial for copper line replacement, Ooma 2600Hz for businesses that build on an outsourced platform, and Ooma Telo for residential users.
News about Ooma frequently covers quarterly financial results, where the company reports revenue broken out between subscription and services and product and other, along with non-GAAP metrics such as non-GAAP net income and adjusted EBITDA. These releases often highlight the contribution of Ooma Business and provide guidance ranges for upcoming quarters and fiscal years.
Investors and observers can also follow strategic acquisitions through Ooma’s news. The company has announced and then closed acquisitions of FluentStream Corp. and Phone.com, both cloud communications/UCaaS providers focused on small and medium-sized organizations. Press releases describe the expected revenue and adjusted EBITDA contributions from these businesses and explain how they fit into Ooma’s strategy to grow its business-focused communications offerings.
Ooma’s news feed also includes product and integration updates, such as the announcement that Ooma Office integrates with Zapier, enabling users to automate workflows with thousands of applications. Additionally, the company regularly announces participation in investor conferences and virtual investor meetings, providing schedules and access details for presentations and webcasts.
By reviewing the OOMA news page on Stock Titan, readers can track earnings announcements, acquisition milestones, product integrations and investor relations events that shape Ooma’s development as a provider of advanced communications services.
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.
Ooma, Inc. (NYSE: OOMA) is set to disclose its third-quarter financial results for the period ending October 31, 2020, on November 19, 2020, after market closure. A conference call for analysts and investors will occur at 5:00 p.m. Eastern Time on the same day, with access details provided for both U.S./Canada and international callers. The financial results will also be available on Ooma's investor relations website. Ooma is renowned for its smart communications platform that offers advanced voice and collaboration services to businesses and high-quality phone services to consumers.
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Ooma, a smart communications platform, has partnered with Jimboy’s Tacos franchisee Roy Perez to provide internet backup and phone services for his eight locations in Northern California. Ooma Connect, their fixed wireless internet service, ensures uninterrupted online service, particularly vital for processing online orders and credit transactions. The franchisee reported significant reliability since installation, highlighting its importance for daily operations. Ooma's offerings include affordable plans for voice and internet services, catering to small and mid-sized businesses.
Ooma, Inc. (NYSE: OOMA) announces CFO Ravi Narula's participation in the East Coast IDEAS Investor Conference on June 23-24, 2020. The presentation will be available at 9:00 a.m. Eastern on June 23 through the conference website and Ooma’s Investor Relations page. IDEAS Conferences offer independent venues for companies to present to influential investment professionals, differentiating themselves by being "Sponsored BY the Buyside FOR the Buyside." Ooma offers a cloud-based communication platform for businesses and consumers, with innovative voice, collaboration, and security solutions.
Ooma announced the appointment of Judi Hand to its board of directors effective June 3, 2020. Hand has over 25 years of experience in sales and marketing, including leadership roles at major telecom companies. She previously served as an independent board member at Manitoba Telecom Services. Ooma's CEO, Eric Stang, emphasized that Hand's expertise in cloud services will enhance the company's strategic focus and improve sales across its business segments, particularly for larger enterprises through Ooma Office Pro and Ooma Enterprise.
Ooma will participate in the William Blair 40th Annual Growth Stock Conference, held virtually from June 9-11, 2020. CEO Eric Stang and CFO Ravi Narula are scheduled to present on June 10 at 4:40 p.m. Central time. The presentation will be available via live audio webcast, with a replay accessible on Ooma's Investor Relations page. Ooma offers a smart cloud-based platform for businesses and consumers, featuring advanced voice and collaboration tools along with a residential phone service that provides HD voice quality and smart security solutions.
Ooma, Inc. (NYSE: OOMA) reported Q1 FY2021 results, showing 19% revenue growth to $40.3 million. Subscription revenues comprised 93% of total revenue at $37.6 million, boosted by 22% growth in Ooma Business and Residential services. The company reduced its GAAP net loss to $1.1 million with a loss per share of $0.05, improved from $4.7 million and $0.23 per share last year. Non-GAAP net income was $2.4 million or $0.11 per share, with adjusted EBITDA rising to $3.0 million.
Ooma, Inc. (NYSE: OOMA) will release financial results for Q1 ending April 30, 2020, on May 26, 2020, after market close. A conference call for analysts and investors will take place at 5:00 p.m. ET on the same day. Participants can join by calling +1 (833) 513-0546 in the U.S. or +1 (778) 560-2568 internationally, using conference ID 7219915. The webcast will be available on Ooma's investor relations site and a replay will be accessible from May 26 to June 2, 2020. Ooma provides advanced communication solutions and smart security for business and residential customers.