Ooma Inc expected to post earnings of 11 cents a share - Earnings Preview

Ooma

24/05/2024 21:27

* Ooma Inc  OOMA.N   OOMA.K  is expected to show a rise in
quarterly revenue when it reports  results on May 28 for the
period ending January 1 0001
    * The Sunnyvale California-based  company is expected to
report a
8.8% increase in revenue to $61.844 million from $56.85 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Ooma Inc is for earnings
of 11
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Ooma Inc is
$15.00​, above​ its last closing price of $7.32. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 31 2024  0.12        0.12       0.13      Beat    6.7
 Jan. 1 2024   0.14        0.15       0.15      Met     0.8
 Jul. 31 2023  0.14        0.14       0.14      Met     1.4​
 Apr. 30 2023  0.13        0.14       0.16      Beat    17.6
 ​​Jan.        0.15        0.14       0.16      Beat    10.8
 31 2023                                                
 Oct. 31 2022  0.11        0.11       0.14      Beat    23.7​
 Jul. 31 2022  0.11        0.10       0.12      Beat    18
 Apr. 30 2022  0.10        0.10       0.12      Beat    25.2
 This summary was machine generated May 24 at 20:26 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)