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

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

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