Ooma (OOMA) Tops Q4 EPS by 2c, Revenues Beat; Offers Q1 Revenue Guidance Above Consensus, FY19 Revenue Mid-Point Views Above Consensus

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Go back to Ooma (OOMA) Tops Q4 EPS by 2c, Revenues Beat; Offers Q1 Revenue Guidance Above Consensus, FY19 Revenue Mid-Point Views Above Consensus

Ooma Reports Fourth Quarter and Fiscal Year 2019 Financial Results

March 5, 2019 4:15 PM EST

Fourth Quarter Ooma Business revenue grows 50% year-over-year

Named Winner of PCMags Business Choice Award for VoIP

SUNNYVALE, Calif., March 05, 2019 (GLOBE NEWSWIRE) -- Ooma, Inc. (NYSE: OOMA), a smart communications platform for businesses and consumers, today released financial results for the fourth quarter and fiscal year ended January 31, 2019.

Fourth Quarter Fiscal 2019 Financial Highlights

Revenue: Total revenue was $34.7 million, up 15% year-over-year. Subscription and services revenue increased to $30.9 million and was 89% of total revenue, driven by 16%... More