Ooma (OOMA) Tops Q2 EPS by 5c
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Ooma Reports Second Quarter Fiscal Year 2022 Financial Results
September 2, 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 second quarter ended July 31, 2021.
Second Quarter Fiscal 2022 Financial Highlights:
Revenue: Total revenue was $47.1 million, up 14% year-over-year. Subscription and services revenue increased to $43.5 million from $38.5 million in the second quarter of fiscal 2021, and was 93% of total revenue, primarily driven by the growth of Ooma Business. Net Income/Loss: GAAP net loss was $0.4 million, or $0.02 per basic and diluted... More