Ooma Inc

Ooma Inc. reported second-quarter fiscal 2027 revenue of $83.2 million, up 25% year over year, with business subscription and services revenue climbing 38% and adjusted EBITDA jumping 74% to $12.4 million. However, stripping out the FluentStream and Phone.com acquisitions, total revenue growth would have been just 8%, and business subscription and services revenue would have grown 8% rather than 38%. The company added 4,000 net business users, but that figure absorbed 4,000 users lost to churn from IWG and a one-time count correction, implying underlying growth of about 11,000. Ooma also launched AI-powered tools and a kids' phone, MyPhone, which helped add 3,000 net new residential users, though residential subscription revenue remained flat year over year. CFO Shig Hamamatsu noted rising memory costs pressuring margins, and product gross margin remains negative 25% without a one-time tariff recovery.

Ooma, Inc. (OOMA) raised its full-year fiscal 2027 guidance, now expecting non-GAAP diluted EPS of $1.35 to $1.38 and total revenue of $332 million to $333.5 million, after reporting a strong second quarter. For Q2, the company posted revenue of $83.2 million, up 25% year-over-year, and record adjusted EBITDA of $12.4 million, with non-GAAP net income of $10.2 million or $0.35 per diluted share. Management highlighted growth drivers including AirDial POTS replacement, with over 40 resale partners and a large hospital win, and early traction from MyPhone, which contributed to a 3,000-user increase in the quarter. The company also launched AI services and plans to introduce an AI Productivity Pack in Q3, along with a new residential product called StarDial, and expects integration synergies to benefit results starting in Q3. An Investor Day is scheduled for September 29.

Ooma reported quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.33, and revenues of $83.23 million, surpassing estimates by 1.90%. The company has topped consensus EPS estimates in each of the last four quarters, and shares have gained 75.5% year-to-date versus the S&P 500's 12.2% gain. For the current quarter, analysts expect EPS of $0.31 on revenues of $81.68 million, and for the fiscal year, $1.30 on revenues of $326.76 million. Ooma holds a Zacks Rank #3 (Hold), and its industry, Communication - Components, ranks in the top 17% of Zacks industries.

Thryv Holdings outlined a restructuring plan targeting approximately $60 million in run-rate savings while revising its full-year 2026 SaaS adjusted EBITDA guidance to $42 million to $44 million. CEO Joe Walsh said the company is sharpening its focus on the newly launched AI-native Thryv Growth Platform and its add-ons, which grew 21% year-over-year, and that SaaS now represents 76% of total revenue. CFO Paul Rouse detailed a roughly $25 million restructuring charge, with about half from vendor spend and half from workforce reductions, and guided third-quarter SaaS revenue to $111 million to $112 million with SaaS adjusted EBITDA of $8.5 million to $9.5 million. The company also announced strategic partnerships with Wix and Ooma and introduced a free-trial motion to expand distribution. Thryv ended the second quarter with 95,000 SaaS subscribers, SaaS ARPU of $394, and net debt of $241 million, representing a leverage ratio of 2.1 times.