Ooma Exceeds Revenue and Earnings Projections; Positive Outlook for Future

Wednesday, 6 March 2024, 07:02

Ooma's Q4 performance surpasses analyst expectations with Non-GAAP EPS of $0.13, beating estimates. Revenue increases to $61.7M, reflecting a growth of 9.2% year-over-year. Additionally, the company raises its fiscal year 2025 outlook, showing confidence in its future prospects.
LivaRava Finance Meta Image
Ooma Exceeds Revenue and Earnings Projections; Positive Outlook for Future

Ooma Press Release

Q4 Non-GAAP EPS: Ooma reports earnings per share of $0.13, surpassing estimates by $0.01.

Revenue Beat: The company achieves revenue of $61.7M, exceeding expectations by $0.24M.

Adjusted EBITDA: Ooma's adjusted EBITDA reaches $5.2 million, compared to $5.1 million in the previous quarter.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe