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

Ooma

30/11/2022 22:36

* Ooma Inc  OOMA.N  reported quarterly adjusted earnings of
14
cents​​ per share for the quarter ended in October. The mean
expectation of six analysts for the quarter was for earnings of
11 cents per share.
    * Revenue rose 15.3% to $56.68 million from a year ago;
analysts
expected $56.22 million. 
    * Ooma Inc's reported EPS for the quarter was a loss of 11
cents​.
    * The mean earnings estimate of analysts had risen by
about 31.4%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Ooma Inc shares had risen by 24.8% this quarter and
lost 24.9%
so far this year.
    * The company reported a quarterly loss of $2.81 million.
    * 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 November
30 at 10:36 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2022      0.11           0.14           Beat
 Jul. 31 2022      0.10           0.12           Beat
 Apr. 30 2022      0.10           0.12           Beat
 Jan. 31 2022      0.10           0.13           Beat