Ooma (OOMA) Tops Q4 EPS by 2c, Revenues Beat; Offers 1Q & FY21 Revenues Guidance Above Consensus, Provides 1Q & FY21 EPS Outlook

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Go back to Ooma (OOMA) Tops Q4 EPS by 2c, Revenues Beat; Offers 1Q & FY21 Revenues Guidance Above Consensus, Provides 1Q & FY21 EPS Outlook

Ooma Reports Fourth Quarter and Fiscal Year 2021 Financial Results

March 1, 2021 4:15 PM EST

SUNNYVALE, Calif.--(BUSINESS WIRE)-- Ooma, Inc. (NYSE: OOMA), a smart communications platform for businesses and consumers, today released financial results for the fiscal fourth quarter and year ended January 31, 2021.

Fourth Quarter Fiscal 2021 Financial Highlights:

Revenue: Total revenue was $44.3 million, up 9% year-over-year. Subscription and services revenue increased to $41.1 million from $37.4 million in the fourth quarter of fiscal 2020 and was 93% of total revenue, primarily driven by growth of Ooma Business. Net Income/Loss: GAAP net loss was $0.6 million, or $0.03 per basic and... More