Ooma (OOMA) Tops Q3 EPS by 2c; Guides Q4 Light of Expectations
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December 1, 2015 4:30 PM EST
PALO ALTO, Calif., Dec. 1, 2015 /PRNewswire/ --Â Ooma, Inc. (NYSE: OOMA), a leading smart business and home communications company, today announced that its management team will present at the Credit Suisse 19th Annual Technology, Media & Telecom Conference on Wednesday, December 2Â at 9 am PT in Scottsdale, AZ.... More
December 1, 2015 4:15 PM EST
PALO ALTO, Calif., Dec. 1, 2015 /PRNewswire/ --Â Ooma, Inc. (NYSE: OOMA), a leading smart business and home communications company, today released financial results for the third quarter ended October 31, 2015.
Third Quarter Fiscal 2016 Financial Highlights:
Revenue: Total revenue of $23.5 million, up 28% year-over-year. Subscription and services revenue increased 36% to $19.5 million, and was 83% of total revenue. Product and other revenue increased 1% to $4.0 million, and was 17% of total revenue.
Net Loss: GAAP net loss was $3.5 million, or $0.21 per basic and diluted share, compared to GAAP net loss...
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