Ooma (NYSE:OOMA) Releases Q1 2025 Earnings Guidance

Ooma (NYSE:OOMAGet Free Report) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.110-0.120 for the period, compared to the consensus estimate of 0.110. The company issued revenue guidance of $61.7 million-$62.2 million, compared to the consensus revenue estimate of $61.6 million. Ooma also updated its FY 2025 guidance to 0.510-0.550 EPS.

Ooma Trading Up 5.5 %

OOMA opened at $9.34 on Friday. The business’s 50-day moving average is $10.36 and its two-hundred day moving average is $11.46. Ooma has a 1 year low of $8.10 and a 1 year high of $15.66. The company has a current ratio of 1.23, a quick ratio of 0.83 and a debt-to-equity ratio of 0.23.

Ooma (NYSE:OOMAGet Free Report) last issued its quarterly earnings results on Tuesday, December 5th. The technology company reported $0.15 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.15. Ooma had a positive return on equity of 0.36% and a negative net margin of 0.35%. The business had revenue of $59.86 million for the quarter, compared to analyst estimates of $59.44 million. During the same quarter in the previous year, the firm earned ($0.01) earnings per share. Sell-side analysts anticipate that Ooma will post 0.01 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

OOMA has been the topic of a number of research analyst reports. TheStreet lowered Ooma from a c rating to a d+ rating in a research note on Tuesday. StockNews.com lowered Ooma from a strong-buy rating to a buy rating in a research note on Wednesday, December 6th. Alliance Global Partners dropped their price target on Ooma from $16.00 to $14.50 and set a buy rating on the stock in a research note on Wednesday. Finally, B. Riley reaffirmed a buy rating and set a $14.50 target price (down previously from $19.00) on shares of Ooma in a report on Wednesday. Four research analysts have rated the stock with a buy rating, According to MarketBeat, Ooma has a consensus rating of Buy and a consensus target price of $16.33.

View Our Latest Report on OOMA

Insider Buying and Selling

In related news, CEO Eric B. Stang purchased 10,000 shares of the firm’s stock in a transaction on Wednesday, December 13th. The stock was bought at an average cost of $9.85 per share, with a total value of $98,500.00. Following the completion of the acquisition, the chief executive officer now owns 388,125 shares of the company’s stock, valued at approximately $3,823,031.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 9.05% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Advisor Group Holdings Inc. increased its position in shares of Ooma by 17.9% in the fourth quarter. Advisor Group Holdings Inc. now owns 5,280 shares of the technology company’s stock valued at $72,000 after buying an additional 800 shares in the last quarter. Rhumbline Advisers increased its position in shares of Ooma by 3.6% in the first quarter. Rhumbline Advisers now owns 29,874 shares of the technology company’s stock valued at $374,000 after buying an additional 1,038 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Ooma by 1.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 93,601 shares of the technology company’s stock valued at $1,275,000 after buying an additional 1,077 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of Ooma by 6.9% in the second quarter. Alliancebernstein L.P. now owns 17,430 shares of the technology company’s stock valued at $261,000 after buying an additional 1,130 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its position in shares of Ooma by 102.3% in the third quarter. Tower Research Capital LLC TRC now owns 2,375 shares of the technology company’s stock valued at $29,000 after buying an additional 1,201 shares in the last quarter. 75.01% of the stock is owned by institutional investors and hedge funds.

Ooma Company Profile

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Ooma, Inc provides communications services and related technologies for businesses and consumers in the United States and Canada. The company's products and services include Ooma Office, a cloud-based multi-user communications system for small and medium-sized businesses; Ooma Connect, which delivers fixed wireless internet connectivity; Ooma Managed Wi-Fi, a plug-and-play enterprise-grade Wi-Fi solution; and Ooma Enterprise, a unified-communications-as-a-service (UCaaS) solution.

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Earnings History and Estimates for Ooma (NYSE:OOMA)

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