Ooma (OOMA) Tops Q4 EPS by 4c, Revenues Beat; Offers Q1 & FY21 EPS/Revenue Guidance Above Consensus

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Go back to Ooma (OOMA) Tops Q4 EPS by 4c, Revenues Beat; Offers Q1 & FY21 EPS/Revenue Guidance Above Consensus

Ooma Reports Fourth Quarter and Fiscal Year 2020 Financial Results

March 5, 2020 4:15 PM EST

Business Subscription and Services Revenue up 61% year-over-yearNamed Winner of PCMags Business Choice Award for VoIP

SUNNYVALE, Calif., March 05, 2020 (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, 2020.

Fourth Quarter Fiscal 2020 Financial Highlights:

Revenue: Total revenue was $40.6 million, up 17% year-over-year. Subscription and services revenue increased to $37.4 million and was 92% of total revenue, driven by 22% year-over-year growth in... More