Brief: Ooma Reports Q4 And Fiscal Year 2023 Financial Results

Ooma

02/03/2023 21:30

March 2 (Reuters) - Ooma Inc  OOMA.N :
    * OOMA REPORTS FOURTH QUARTER AND FISCAL YEAR 2023 FINANCIAL
RESULTS
    * Q4 TOTAL REVENUE WAS $56.5 MILLION, UP 12% YEAR-OVER-YEAR.
    * Q4 GAAP NET LOSS WAS $0.4 MILLION, OR $0.02 PER BASIC AND
DILUTED SHARE
    * QTRLY NON-GAAP NET INCOME WAS $4.1 MILLION, OR $0.16 PER
DILUTED
SHARE
    * SEES  Q1 TOTAL REVENUE IN RANGE OF $56.4 MILLION TO $56.9
MILLION
    * SEES Q1 GAAP NET LOSS IN RANGE OF $0.6 MILLION TO $0.9
MILLION
AND GAAP NET LOSS PER SHARE IN RANGE OF $0.03 TO $0.04
    * SEES  Q1 NON-GAAP NET INCOME IN RANGE OF $3.4 MILLION TO
$3.7
MILLION AND NON-GAAP NET INCOME PER SHARE IN RANGE OF $0.13 TO
$0.14
    * SEES  2024 TOTAL REVENUE IN RANGE OF $235.5 MILLION TO
$238.5
MILLION
    * SEES 2024 GAAP NET LOSS IN RANGE OF $0.9 MILLION TO $2.9
MILLION, AND GAAP NET LOSS PER SHARE IN RANGE OF $0.04 TO $0.12
    * SEES 2024 NON-GAAP NET INCOME IN RANGE OF $14.5 MILLION TO
$16.5
MILLION, AND NON-GAAP NET INCOME PER SHARE IN RANGE OF $0.55 TO
$0.63
    * FY2024 EARNINGS PER SHARE VIEW $0.58 -- REFINITIV IBES
DATA
    * Q1 EARNINGS PER SHARE VIEW $0.14, REVENUE VIEW $57.0
MILLION --
REFINITIV IBES DATA
    * Q4 EARNINGS PER SHARE VIEW $0.14, REVENUE VIEW $56.4
MILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nBw59r7jya 
Further company coverage:  OOMA.N 

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