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.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ooma's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ooma's position in the market.
Rhea-AI Summary
Ooma, Inc. (OOMA) Announces Integration of Ooma Office Business Phone Service with Clio, Aiming to Improve Communication and Boost Productivity within Law Firms
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.23%
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Rhea-AI Summary
Ooma, Inc. (NYSE: OOMA) released financial results for Q3 2024, with total revenue of $59.9 million, up 6% YoY. Subscription and services revenue increased to $55.9 million, accounting for 93% of total revenue. GAAP net income was $2.3 million, compared to a net loss of $2.8 million in Q3 2023. Non-GAAP net income was $4.0 million, with adjusted EBITDA at $5.0 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.28%
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Rhea-AI Summary
Ooma, Inc. (OOMA) announced the incorporation of Ooma AirDial® solution for POTS replacement with MultiPath technology, ensuring uninterrupted backup for life-safety devices. MultiPath creates a continuous dual connection through wireless LTE network and existing broadband network, offering a distinct advantage over traditional failover features. Ooma AirDial helps businesses and property managers transition from legacy analog phone lines, addressing the rising costs and declining reliability of POTS service. The solution provides remote device management and aims to offer a resilient, scalable, and affordable POTS replacement solution.
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Rhea-AI Sentiment
End-of-Day
-1.36%
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Ooma, Inc. (OOMA) announced that its subsidiary, 2600Hz, won the Best White Label Solution at UC Partner Awards 2023 for its Kazoo communications solution. Kazoo, developed by industry-leading telecom experts, offers UCaaS, CPaaS, and CCaaS functionality on a single code base, with over 300 open APIs for customization. The solution empowers resellers and service providers to build and maintain their brand recognition in the market. The award was given by a panel of 12 leading analysts in the cloud communications industry, acknowledging 2600Hz's innovation and growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.33%
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Ooma, Inc. (NYSE: OOMA) to Release Q3 Financial Results on December 5, 2023
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Rhea-AI Sentiment
End-of-Day
-1.62%
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Rhea-AI Summary
Ooma, Inc. (OOMA) announced that Certinia has chosen Ooma Enterprise to power its global call centers, citing the platform's flexibility, open APIs, and integration with Salesforce. Certinia's migration to Ooma Enterprise was successful, leading to the extension of the service to inbound sales and customer support teams. Ooma Enterprise offers a unified communications platform with voice, chat, texting, virtual fax, and video meetings, easily managed through an online portal.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.63%
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Ooma, Inc. announced that Viking Electronics recommends Ooma AirDial as a reliable POTS replacement solution for its products, which could lead to increased sales and market share for Ooma.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.58%
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Rhea-AI Summary
Ooma, a smart communications platform, has acquired 2600Hz for $33 million in cash. The acquisition is expected to add approximately $7 million in annual recurring revenue to Ooma. Ooma will take over the direction and development of 2600Hz’s technology road map and will complement its offerings with Ooma’s proprietary intellectual property. The acquisition will expand Ooma’s customer base and strengthen 2600Hz’s solution by leveraging Ooma’s low-cost telecom infrastructure and scale.
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Rhea-AI Sentiment
End-of-Day
0.08%
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Ooma expands into the Asia Pacific region to support IWG plc, the world's leading provider of hybrid work solutions. Ooma now serves IWG customers in 25 countries and offers custom-designed phone plans. Ooma's platform enables IWG to manage services more cost-effectively and develop new revenue streams.
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Rhea-AI Sentiment
End-of-Day
-0.4%
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TouchTone Communications partners with Ooma to offer Ooma AirDial as a POTS replacement solution for alarm and safety monitoring companies, facing the phasing-out of legacy copper-wire phone lines. Ooma AirDial provides a cost-effective turnkey solution with remote management capabilities. TouchTone recognizes Ooma AirDial as the best solution for critical systems, such as fire safety and building security.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
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Ooma, Inc.
NYSE:OOMA
OOMA Rankings
OOMA Stock Data
202.92M
18.96M
7.12%
77.08%
1.31%
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About OOMA
ooma offers consumer and business products that provide free and low-cost u.s. and canadian telephone calling and advanced cloud-based telephony services to its global base of customers. ooma has been ranked the #1 home phone service for overall satisfaction and value for the last three consecutive years by a leading consumer research publication. since the very beginning, ooma has been committed to transforming the landscape of home phone service. we took into account everything that was wrong with home phone service today (too pricey, limited features, inflexible) and made it our mission to reinvent it. at the center of our efforts is the ooma telo, a highly sophisticated computer that when connected to the internet delivers free calling with extremely high quality service and advanced features that turn an ordinary phone into a smart phone for your home. building on our success in home phone service, ooma has recently announced our first-ever small business phone service. ooma offic