Ooma IncOOMA
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Raised FY2027 EPS guidance and reported strong Q2 results with record EBITDA.
Impact on stocks 1
Cloud & Digital Infrastructure
Ooma IncOoma, 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 IncRaised FY2027 EPS guidance and reported strong Q2 results with record EBITDA.