Ooma Reports First Quarter Fiscal Year 2020 Financial Results
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Ooma (OOMA) Tops Q1 EPS by 1c, Revenues Beat; Q2 EPS/Revenue Views Above Consensus, FY20 Revenue Guidance Above Consensus, FY20 EPS Mid-Point Above Consensus
May 21, 2019 4:19 PM EDTOoma (NYSE: OOMA) reported Q1 EPS of ($0.04), $0.01 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $34 million versus the consensus estimate of $33.58 million.
Revenue: Total revenue was $34.0 million, up 13% year-over-year. Subscription and services revenue increased to $31.1 million and was 91% of total revenue, driven by 15% year-over-year growth in Ooma Business and Ooma... More