Ooma rises on upbeat forecast
02/09/2022 15:08
** Shares in communications platform for small businesses
and consumers Ooma Inc OOMA.N up 3.9% at $12.11 in early
trading
** Stock on track to snap five straight sessions of decline
** OOMA on Thursday forecast Q3 and annual revenue above
Street estimates urn:newsml:reuters.com:*:nTUA76HBRK
** Posted 12% rise in Q2 revenue to $52.7 mln, driven by
jump in sales in subscription and services segment
** Stock down ~41% YTD
(Reporting by Tiyashi Datta in Bengaluru)
((tiyashi.datta@thomsonreuters.com))