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

Ooma

23/08/2023 22:01

* Ooma Inc  OOMA.N  reported quarterly adjusted earnings of
14
cents​​ per share for the quarter ended in July. The mean
expectation of five analysts for the quarter was for earnings of
14 cents per share.
    * Revenue rose 10.8% to $58.35 million from a year ago;
analysts
expected $57.63 million. 
    * Ooma Inc's reported EPS for the quarter was 1 cent​.
    * The mean earnings estimate of analysts had fallen by
about 5.7%
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 9.2% this quarter and
lost 0.1% so
far this year.
    * The company reported quarterly net income of $271
thousand.
    * Wall Street's median 12-month price target for Ooma Inc is
$18.50 
    * 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 LSEG Refinitiv data
August 23 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      0.14           0.14           Met
 Apr. 30 2023      0.14           0.16           Beat
 Jan. 31 2023      0.14           0.16           Beat
 Oct. 31 2022      0.11           0.14           Beat