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

Ooma

01/09/2022 22:01

* Ooma Inc  OOMA.N  reported quarterly adjusted earnings of
12
cents​​ per share for the quarter ended in July. The mean
expectation of six analysts for the quarter was for earnings of
10 cents per share.
    * Revenue rose 11.9% to $52.65 million from a year ago;
analysts
expected $51.67 million. 
    * Ooma Inc's reported EPS for the quarter was 1 cent​.
    * The mean earnings estimate of analysts was unchanged 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 risen by 2.2% this quarter and
lost 40.8% so
far this year.
    * The company reported quarterly net income of $338
thousand.
    * Wall Street's median 12-month price target for Ooma Inc is
$21.00 
    * 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 from Refinitiv data September
1 at 09:00 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2022      0.10           0.12           Beat
 Apr. 30 2022      0.10           0.12           Beat
 Jan. 31 2022      0.10           0.13           Beat
 Oct. 31 2021      0.09           0.13           Beat