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. provides cloud-based communications services for businesses and consumers under products such as Ooma Office, Ooma AirDial, Ooma 2600Hz, Ooma Telo and MyPhone. Its news commonly covers subscription-service results, small-business communications, POTS replacement for legacy copper lines, wholesale platform services and residential telephony.
Company updates also include product launches and feature enhancements, including remote device management for AirDial and POTSTracker.com for POTS discontinuance monitoring. Ooma announcements regularly address quarterly earnings releases, investor conference participation, retail availability for consumer phone products and completed acquisitions that expand its business communications portfolio.
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.
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