Ooma (OOMA) Tops Q1 EPS by 3c
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Ooma Reports First Quarter Fiscal Year 2022 Financial Results
May 26, 2021 4:15 PM EDTSUNNYVALE, Calif.--(BUSINESS WIRE)-- Ooma, Inc. (NYSE: OOMA), a smart communications platform for businesses and consumers, today released financial results for the fiscal first quarter ended April 30, 2021.
First Quarter Fiscal 2022 Financial Highlights:
Revenue: Total revenue was $45.6 million, up 13% year-over-year. Subscription and services revenue increased to $42.0 million from $37.6 million in the first quarter of fiscal 2021 and was 92% of total revenue, primarily driven by the growth of Ooma Business. Net Income/Loss: GAAP net loss was $0.9 million, or $0.04 per basic and diluted... More