Ooma (OOMA) Tops Q4 EPS by 3c, Offers Guidance

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Go back to Ooma (OOMA) Tops Q4 EPS by 3c, Offers Guidance

Ooma Reports Fourth Quarter and Fiscal Year 2022 Financial Results

March 3, 2022 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, 2022.

Fourth Quarter Fiscal 2022 Financial Highlights:

Revenue: Total revenue was $50.5 million, up 14% year-over-year. Subscription and services revenue increased to $45.8 million from $41.1 million in the fourth quarter of fiscal 2021, and was 91% of total revenue, primarily driven by the growth of Ooma Business. Net Income/Loss: GAAP net loss was $0.1 million, or $0.00 per... More