Ooma Reports Second Quarter Fiscal Year 2019 Financial Results
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Ooma (OOMA) Tops Q2 EPS by 1c, Revenues Beat; Offers FY19 EPS/Revenue Outlook
August 28, 2018 4:23 PM EDTOoma (NYSE: OOMA) reported Q2 EPS of ($0.05), $0.01 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $31.7 million versus the consensus estimate of $30.88 million.
Revenue: Total revenue was $31.7 million, up 12% year-over-year. Subscription and services revenue increased to $28.4 million and was 90% of total revenue, driven by 19% year-over-year growth in our business and residential... More