Ooma Reports Third Quarter Fiscal Year 2021 Financial Results

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Ooma (OOMA) Tops Q3 EPS by 5c, Revenues Beat; Offers 4Q & FY21 EPS/Revenue Guidance Above Consensus

November 19, 2020 4:22 PM EST

Ooma (NYSE: OOMA) reported Q3 EPS of $0.13, $0.05 better than the analyst estimate of $0.08. Revenue for the quarter came in at $42.97 million versus the consensus estimate of $41.31 million.

Third Quarter Fiscal 2021 Financial Highlights:

Revenue: Total revenue was $43.0 million, up 9% year-over-year. Subscription and services revenue increased to $39.6 million from $36.5 million in the third quarter of fiscal 2020, and was 92% of total revenue, driven by growth... More