Ooma Reports First Quarter Fiscal Year 2018 Financial Results

Go back to Ooma Reports First Quarter Fiscal Year 2018 Financial Results

William Blair Downgrades Ooma (OOMA) to Market Perform

May 24, 2017 7:34 AM EDT

William Blair downgraded Ooma (NYSE: OOMA) from Outperform to Market Perform.

Analyst Bhavan Suri said, "We believe the revenue decline and lowered guidance are a result of structural challenges within roughly 80% of the company's overall business,... More

Credit Suisse Downgrades Ooma (OOMA) to Neutral; 'Too Many Unforced Errors'

May 24, 2017 6:44 AM EDT

Credit Suisse downgraded Ooma (NYSE: OOMA) from Outperform to Neutral with a price target of $12.00 (from $16.00) following disappointing FQ1 results and lowered F2018 growth guidance.

Michael Nemeroff note while the Office business (~20% of revs today) is seeing strong growth it is still... More

Ooma (OOMA) Tops Q1 EPS by 5c; Issues Mixed Outlook

May 23, 2017 4:20 PM EDT

Ooma (NYSE: OOMA) reported Q1 EPS of $0.02, $0.05 better than the analyst estimate of ($0.03). Revenue for the quarter rose 13% to $27.6 million versus the consensus estimate of $28.14 million.

"We are progressing well on our strategy to grow Ooma Office which delivered strong results and we... More