Ooma Inc reports results for the quarter ended in April - Earnings Summary

Ooma

24/05/2022 22:40

* Ooma Inc  OOMA.N  reported quarterly adjusted earnings of
12
cents​​ per share for the quarter ended in April. The mean
expectation of six analysts for the quarter was for earnings of
10 cents per share.
    * Revenue rose 10.5% to $50.34 million from a year ago; 
analysts
expected $49.77 million. 
    * Ooma Inc's reported EPS for the quarter was a loss of 3
cents​.
    * The mean earnings estimate of analysts had fallen by
about 15.4%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Ooma Inc shares had fallen by 8.8% this quarter and
lost 33.1%
so far this year.
    * The company reported a quarterly loss of $766 thousand.
    * Wall Street's median 12-month price target for Ooma Inc is
$25.00 
    * 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." 

This summary was machine generated May 24 at 09:40 p.m.  ​All
figures in US dollars unless otherwise stated