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Ooma Inc (OOMA) delivers innovative cloud-based communications solutions for residential and business users through its SaaS platform. This page aggregates official company announcements, financial updates, and strategic developments for stakeholders tracking Ooma's market position in unified communications.
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Ooma (NYSE: OOMA) announced its fiscal first-quarter 2025 financial results, reporting total revenue of $62.5 million, a 10% year-over-year increase. Subscription and services revenue reached $58.4 million, making up 93% of total revenue, driven by Ooma Business and the acquisition of 2600hz.
GAAP net loss was $2.1 million ($0.08 per share), versus $0.3 million ($0.01 per share) in Q1 2024. Non-GAAP net income was $3.6 million ($0.14 per share), compared to $4.0 million ($0.16 per share) last year. Adjusted EBITDA improved to $5.0 million from $4.8 million in Q1 2024.
Ooma's outlook for Q2 2025 includes revenue of $62.5-$63.0 million, GAAP net loss of $2.2-$2.5 million, and Non-GAAP net income of $3.6-$3.9 million. For FY 2025, revenue is forecasted at $250.7-$253.0 million, with a GAAP net loss of $7.7-$8.7 million, and Non-GAAP net income of $15.0-$16.0 million.
Ooma highlighted significant growth in business services revenue, higher operational cash flow, debt reduction, new reseller partners, and the launch of AirDial in Canada as key achievements for the quarter.
Ooma, a smart communications platform for businesses and consumers, announced its participation in the 44th Annual William Blair Growth Stock Conference. The event will take place on June 4, 2024, in Chicago, Illinois, featuring Ooma's CEO Eric Stang and CFO Shig Hamamatsu. The conference will include investor meetings but no public presentation or webcast. Interested parties are advised to contact their William Blair & Company sales representative for further details and opportunities to schedule meetings.
Ooma, Inc. (NYSE: OOMA) will release its financial results for the first quarter ending April 30, 2024, on May 28, 2024. The company will host a conference call for analysts and investors at 5:00 p.m. Eastern time on the same day.
Ooma, Inc. announced the availability of Ooma AirDial, a POTS replacement solution, in Canada. With the phasing out of POTS in Canadian provinces and the plans for copper network decommissioning by Bell Canada and TELUS, businesses face challenges. Ooma AirDial offers analog-to-digital phone service for businesses relying on POTS lines, providing a turnkey replacement solution with hardware, software, wireless connectivity, and regulatory compliance.
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