Ooma Inc reports results for the quarter ended October 31 - Earnings Summary
04/12/2024 22:51
* Ooma Inc OOMA.N reported quarterly adjusted earnings of
17
cents per share for the quarter ended October 31, higher than
the same quarter last year, when the company reported EPS of 15
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 8.8% to $65.13 million from a year ago;
analysts
expected $64.32 million.
* Ooma Inc's reported EPS for the quarter was a loss of 9
cents.
* The company reported a quarterly loss of $2.36 million.
* Ooma Inc shares had risen by 31.0% this quarter and
gained 39.0%
so far this year.
FORECAST CHANGES
* 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.
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
$15.50
This summary was machine generated from LSEG data December 4 at
10:50 p.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 ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Oct. 31 2024 0.16 0.17 Beat
Jul. 31 2024 0.14 0.15 Beat
Apr. 30 2024 0.11 0.14 Beat
Jan. 31 2024 0.12 0.13 Beat