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Ooma Inc reports results for the quarter ended January 31 - Earnings Summary

Ooma Inc OOMA.N reported quarterly adjusted earnings of 21 cents​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of 13 cents.  The mean expectation of seven analysts for the quarter was for earnings of 16 cents per share. Wall Street expected results to range from 15 cents to 16 cents per share.

Revenue rose 5.5% to $65.10 million from a year ago; analysts expected $64.70 million.

Ooma Inc's reported EPS for the quarter was a loss of 1 cent​.

The company reported a quarterly loss of $261 thousand.

Ooma Inc shares had fallen by 1.3% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 9.8% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

The average consensus recommendation for the integrated telecommunications services peer group is also "buy"

Wall Street's median 12-month price target for Ooma Inc is $18.00

This summary was machine generated from LSEG data March 5 at 02:11 a.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jan. 31 20250.160.21Beat
Oct. 31 20240.160.17Beat
Jul. 31 20240.140.15Beat
Apr. 30 20240.110.14Beat

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