Ooma (NYSE:OOMA) Announces Earnings Results

Ooma (NYSE:OOMAGet Free Report) announced its quarterly earnings results on Tuesday. The technology company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.14), Zacks reports. Ooma had a negative net margin of 0.35% and a positive return on equity of 0.35%. The company had revenue of $62.50 million during the quarter, compared to analysts’ expectations of $61.85 million. During the same quarter in the prior year, the business posted $0.02 earnings per share. Ooma updated its Q2 2025 guidance to 0.130-0.140 EPS and its FY 2025 guidance to 0.550-0.580 EPS.

Ooma Trading Up 15.2 %

OOMA stock traded up $1.20 during midday trading on Wednesday, hitting $9.10. The stock had a trading volume of 297,085 shares, compared to its average volume of 92,233. The firm has a market cap of $240.42 million, a PE ratio of -319.00 and a beta of 0.85. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.24 and a quick ratio of 0.85. Ooma has a 12-month low of $6.50 and a 12-month high of $15.66. The company’s 50-day moving average price is $7.64 and its 200 day moving average price is $9.50.

Wall Street Analyst Weigh In

OOMA has been the topic of several research analyst reports. Benchmark dropped their target price on Ooma from $18.00 to $15.00 and set a “buy” rating on the stock in a research note on Wednesday, March 13th. B. Riley reiterated a “buy” rating and issued a $14.50 price objective (down from $19.00) on shares of Ooma in a report on Wednesday, March 6th. Alliance Global Partners cut their price objective on Ooma from $16.00 to $14.50 and set a “buy” rating on the stock in a research report on Wednesday, March 6th. Finally, TheStreet lowered Ooma from a “c” rating to a “d+” rating in a report on Tuesday, March 5th. Four analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $14.67.

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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; and Ooma Enterprise, a unified-communications-as-a-service (UCaaS) solution.

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Earnings History for Ooma (NYSE:OOMA)

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