Ooma, Inc. creates connected experiences for businesses and consumers in the United States, Canada, and internationally. The company's smart software-as-a-service and unified-communications-as-a-service (UCaaS) platforms serve as a communications hub, which offers cloud-based communications solutions, smart security, and other connected services. Its business and residential solutions deliver PureVoice high-definition voice quality, advanced functionality, and integration with mobile devices; and platform helps to create smart workplace and homes by offering communications, monitoring, security, automation, productivity, and networking infrastructure applications. The company's products and services include Ooma Office, a cloud-based multi-user communications system for small and medium-sized businesses; Ooma Office Pro that offers services, including HD video meetings, call recording, enhanced call blocking, and voicemail transcription; Ooma Connect, which delivers fixed wireless internet connectivity and Ooma Office phone services; Ooma Managed Wi-Fi, a plug-and-play enterprise-grade Wi-Fi solution; and Ooma Enterprise, an UCaaS solution. It also provides Ooma Mobile HD app that allows users to make and receive phone calls and access Ooma features and settings; Ooma Premier, a suite of advanced calling features; Ooma Telo, a home communications solution designed to serve as the primary phone line in the home; Ooma Telo 4G, an Ooma Telo with back-up internet service; and Ooma Telo Air, an Ooma Telo that connects to the internet wirelessly using the home's Wi-Fi network and can be paired with mobile phones to answer incoming mobile calls from any phone in the home. In addition, the company offers Ooma Smart Security, a security and monitoring platform; and Talkatone mobile app. It offers its products through direct sales, distributors, retailers, and resellers, as well as online. Ooma, Inc. was incorporated in 2003 and is headquartered in Sunnyvale, California.
IPO Year: 2015
Exchange: NYSE
Website: ooma.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/17/2024 | $14.00 | Buy | Lake Street |
| 8/24/2023 | $18.00 | Mkt Outperform | JMP Securities |
| 2/2/2022 | $25.00 | Buy | Colliers Securities |
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Ooma, Inc. (NYSE:OOMA), a smart communications platform for businesses and consumers, today released financial results for the fiscal third quarter ended October 31, 2024. Fiscal Third Quarter 2025 Financial Highlights: Revenue: Total revenue was $65.1 million, up 9% year-over-year. Subscription and services revenue increased to $60.1 million from $55.9 million in the third quarter of fiscal 2024, and was 92% of total revenue, primarily driven by the growth of Ooma Business and contribution from 2600hz. Net Income/Loss: GAAP net loss was $2.4 million, or $0.09 per basic and diluted share, compared to GAAP net income of $2.3 million, or $0.09 per basic and diluted share, in the third
Ooma, Inc. (NYSE:OOMA), a smart communications platform for businesses and consumers, plans to release its financial results for the third quarter ended October 31, 2024 after the market closes on Wednesday, December 4, 2024. The company will host a conference call and live webcast for analysts and investors at 5:00 p.m., Eastern time on December 4, 2024. The news release with the financial results will be accessible from the company's website prior to the conference call. To access the call by phone, please visit https://register.vevent.com/register/BI4e08d5a8d646423ba627f67df536483a to register and receive the dial-in details. To avoid delays, Ooma encourages participants to dial into
Ooma, Inc. (NYSE:OOMA), a smart communications platform for businesses and consumers, today released financial results for the fiscal second quarter ended July 31, 2024. Fiscal Second Quarter 2025 Financial Highlights: Revenue: Total revenue was $64.1 million, up 10% year-over-year. Subscription and services revenue increased to $59.6 million from $54.7 million in the second quarter of fiscal 2024, and was 93% of total revenue, primarily driven by the growth of Ooma Business and contribution from 2600hz. Net Income/Loss: GAAP net loss was $2.1 million, or $0.08 per basic and diluted share, compared to GAAP net income of $0.3 million, or $0.01 per basic and diluted share, in the seco
Ooma, Inc. (NYSE:OOMA), a smart communications platform for businesses and consumers, plans to release its financial results for the second quarter ended July 31, 2024 after the market closes on Tuesday, August 27, 2024. The company will host a conference call and live webcast for analysts and investors at 5:00 p.m., Eastern time on August 27, 2024. The news release with the financial results will be accessible from the company's website prior to the conference call. To access the call by phone, please visit https://register.vevent.com/register/BIe5edc5716919495290b391503aab86ee to register and receive the dial-in details. To avoid delays, Ooma encourages participants to dial into the c
Ooma, Inc. (NYSE:OOMA), a smart communications platform for businesses and consumers, today released financial results for the fiscal first quarter ended April 30, 2024. Fiscal First Quarter 2025 Financial Highlights: Revenue: Total revenue was $62.5 million, up 10% year-over-year. Subscription and services revenue increased to $58.4 million from $53.0 million in the first quarter of fiscal 2024, and was 93% of total revenue, primarily driven by the growth of Ooma Business and the acquisition of 2600hz, Inc. Net Income/Loss: GAAP net loss was $2.1 million, or $0.08 per basic and diluted share, compared to GAAP net loss of $0.3 million, or $0.01 per basic and diluted share, in the fi
Ooma, Inc. (NYSE:OOMA), a smart communications platform for businesses and consumers, plans to release its financial results for the first quarter ended April 30, 2024 after the market closes on Tuesday, May 28, 2024. The company will host a conference call and live webcast for analysts and investors at 5:00 p.m., Eastern time on May 28, 2024. The news release with the financial results will be accessible from the company's website prior to the conference call. To access the call by phone, please visit https://register.vevent.com/register/BIe82336616ca641eba291cdec09634e4c to register and receive the dial-in details. To avoid delays, Ooma encourages participants to dial into the confere
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, 2024. Fourth Quarter Fiscal 2024 Financial Highlights: Revenue: Total revenue was $61.7 million, up 9% year-over-year. Subscription and services revenue increased to $58.0 million from $52.6 million in the fourth quarter of fiscal 2023, and was 94% of total revenue, primarily driven by the growth of Ooma Business and the acquisition of 2600hz, Inc. ("2600Hz"). Net Income/Loss: GAAP net loss was $3.1 million, or $0.12 per basic and diluted share, compared to GAAP net loss of $0.4 million, or $0.02 per basic and
Ooma, Inc. (NYSE:OOMA), a smart communications platform for businesses and consumers, plans to release its financial results for the fourth quarter and fiscal year ended January 31, 2024 after the market closes on Tuesday, March 5, 2024. The company will host a conference call and live webcast for analysts and investors at 5:00 p.m., Eastern time on March 5, 2024. The news release with the financial results will be accessible from the company's website prior to the conference call. To access the call by phone, please visit https://register.vevent.com/register/BI133e36b6ab344768928995f79302ae36 to register and receive the dial-in details. To avoid delays, Ooma encourages participants to
Ooma, Inc. (NYSE:OOMA), a smart communications platform for businesses and consumers, today released financial results for the fiscal third quarter ended October 31, 2023. Fiscal Third Quarter 2024 Financial Highlights: Revenue: Total revenue was $59.9 million, up 6% year-over-year. Subscription and services revenue increased to $55.9 million from $51.7 million in the third quarter of fiscal 2023, and was 93% of total revenue, primarily driven by the growth of Ooma Business. Net Income/Loss: GAAP net income was $2.3 million, or $0.09 per basic and diluted share, compared to GAAP net loss of $2.8 million, or $0.11 per basic and diluted share, in the third quarter of fiscal 2023. GAAP
Ooma, Inc. (NYSE:OOMA), a smart communications platform for businesses and consumers, plans to release its financial results for the third quarter ended October 31, 2023 after the market closes on Wednesday, December 5, 2023. The company will host a conference call and live webcast for analysts and investors at 5:00 p.m. Eastern time on December 5, 2023. The news release with the financial results will be accessible from the company's website prior to the conference call. To access the call by phone, please visit https://register.vevent.com/register/BI6fd0f83d4de54c07baf932bed0b6b282 to register and receive the dial-in details. To avoid delays, Ooma encourages participants to dial into
Lake Street initiated coverage of Ooma with a rating of Buy and set a new price target of $14.00
JMP Securities resumed coverage of Ooma with a rating of Mkt Outperform and set a new price target of $18.00
Colliers Securities initiated coverage of Ooma with a rating of Buy and set a new price target of $25.00
Ooma, Inc. (NYSE:OOMA), a smart communications platform for businesses and consumers, today announced the appointment of Shig Hamamatsu as Vice President, Chief Financial Officer and Treasurer, effective September 7, 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210902005174/en/Ooma Inc. today announced the appointment of Shig Hamamatsu as Vice President, Chief Financial Officer and Treasurer, effective September 7, 2021. Hamamatsu most recently served as CFO of Accuray, a publicly traded provider of medical devices. (Photo: Business Wire) Hamamatsu most recently served as CFO of Accuray, a publicly traded provider of medi
SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc., a smart communications platform for businesses and consumers, today announced the appointment of Ooma Chief Financial Officer Ravi Narula and Ooma General Counsel Jenny Yeh to its board of directors, effective January 8, 2021. Narula joined Ooma as CFO in December 2014 and plays a key role in driving Ooma’s revenue growth and profitability, helping Ooma further execute its strategy with a goal of enhancing shareholder value. Prior to Ooma, he served as CFO at BigBand Networks and held senior finance positions at Gigamon and Deloitte & Touche. Narula also sits on the board of ChildFund International, a non-profit organization which hel
Ooma, Inc. (NYSE:OOMA), a smart communications platform for businesses and consumers, today announced the following conference participation: What: The 27th Annual Needham Growth Conference, presentation and investor meetings When: Presentation from 11:45 a.m. until 12:25 p.m. Eastern time on January 17, 2025, with meetings throughout the day Who: Ooma CEO Eric Stang and CFO Shig Hamamatsu Where: Virtual The presentation will be webcast as live audio and available for replay for 90 days from the Events & Presentation page of the Investor Relations section of Ooma's website, https://investors.ooma.com/news-events/events-presentation Interested parties should contact their Needham & Com
Ooma, Inc. (NYSE:OOMA), a smart communications platform for businesses and consumers, today released financial results for the fiscal third quarter ended October 31, 2024. Fiscal Third Quarter 2025 Financial Highlights: Revenue: Total revenue was $65.1 million, up 9% year-over-year. Subscription and services revenue increased to $60.1 million from $55.9 million in the third quarter of fiscal 2024, and was 92% of total revenue, primarily driven by the growth of Ooma Business and contribution from 2600hz. Net Income/Loss: GAAP net loss was $2.4 million, or $0.09 per basic and diluted share, compared to GAAP net income of $2.3 million, or $0.09 per basic and diluted share, in the third
Ooma, Inc. (NYSE:OOMA), a smart communications platform for businesses and consumers, today announced the following conference participation: What: Northland Capital Markets Growth Conference, investor meetings (no public presentation or webcast) When: December 12, 2024, with meetings throughout the day Who: Ooma CEO Eric Stang and CFO Shig Hamamatsu Where: Virtual Interested parties should contact their Northland Capital Markets sales representative for further details and meeting opportunities. About Ooma, Inc. Ooma (NYSE:OOMA) delivers phone, messaging, video and advanced communications services that are easy to implement and provide great value. Founded in 2003, the company offe
Ooma, Inc., a leading communications technology provider, today announced that ServiceTitan, a leading software platform built to power the trades, has launched a powerful new UCaaS and CCaaS solution built on a technology base from 2600Hz, an Ooma company. ServiceTitan announced the solution, Contact Center Pro, last month at their Pantheon 2024 annual user conference. Contact Center Pro is an always-on, AI-driven contact center platform for the trades that simplifies multiple communications channels to increase revenue, lower costs and improve customer service. Powered by Titan Intelligence, the company's own purpose-built AI solution for the trades, the multi-channel solution brings ph
Ooma, Inc. (NYSE:OOMA), a smart communications platform for businesses and consumers, plans to release its financial results for the third quarter ended October 31, 2024 after the market closes on Wednesday, December 4, 2024. The company will host a conference call and live webcast for analysts and investors at 5:00 p.m., Eastern time on December 4, 2024. The news release with the financial results will be accessible from the company's website prior to the conference call. To access the call by phone, please visit https://register.vevent.com/register/BI4e08d5a8d646423ba627f67df536483a to register and receive the dial-in details. To avoid delays, Ooma encourages participants to dial into
Veteran of three IPOs brings growth-focused mindset to company's financial planning and operations SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, announced today that industry luminary Ravi Narula has joined the company as chief financial officer. With a proven track record of steering financial strategy, operational excellence, and delivering value, Narula joins SymphonyAI to support the company's continuing rapid growth. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241112736641/en/Ravi Narula, CFO of SymphonyAI (Photo: Business Wire) Narula will be responsible for SymphonyAI's financ
Ooma, Inc., a smart communications platform for businesses and consumers, today announced its Ooma AirDial solution for POTS replacement has added certifications and boosted regulatory compliance, giving customers greater assurance when choosing AirDial to connect life safety and physical security equipment such as fire alarms, elevator phones and building entry systems. Analog copper-wire phone lines, also known as Plain Old Telephone Service or POTS, are currently being phased out, with monthly costs rising rapidly and reliability declining, driving an immediate need for alternative connections. Ooma AirDial (https://www.ooma.com/airdial) is the all-in-one POTS replacement solution that
Thinkfic announces appointments of Russ Mann, Lori Ell, and Paula Boggs to its Board following the retirement of Steve Krenzer and Katie May VANCOUVER, BC, Sept. 16, 2024 /CNW/ - Thinkific Labs Inc. ("Thinkific" or the "Company") (TSX:THNC) is pleased to announce the appointments of Russ Mann, Lori Ell, and Paula Boggs effective immediately. The appointments of Mr. Mann, Ms. Boggs and Ms. Ell are in accordance with the Company's Board succession planning with the retirement of Steve Krenzer and Katie May. "We are delighted to welcome Russ, Lori, and Paula to our Board of Directors. Their extensive experience and unique perspectives will be invaluable as we begin a new chapter of growth and
Ooma, Inc., a smart communications platform for businesses and consumers, today announced a partnership with Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®. Under the agreement, Carahsoft will serve as Ooma's Master Government Aggregator®, making its plain old telephone service (POTS) replacement products available to the public sector through Carahsoft's reseller partners and NASA Solutions for Enterprise-Wide Procurement (SEWP) V, Information Technology Enterprise Solutions – Software 2 (ITES-SW2), National Association of State Procurement Officials (NASPO) ValuePoint and OMNIA Partners contracts. "We're excited to partner with Carahsoft due to its exceptional
Ooma, Inc. (NYSE:OOMA), a smart communications platform for businesses and consumers, today released financial results for the fiscal second quarter ended July 31, 2024. Fiscal Second Quarter 2025 Financial Highlights: Revenue: Total revenue was $64.1 million, up 10% year-over-year. Subscription and services revenue increased to $59.6 million from $54.7 million in the second quarter of fiscal 2024, and was 93% of total revenue, primarily driven by the growth of Ooma Business and contribution from 2600hz. Net Income/Loss: GAAP net loss was $2.1 million, or $0.08 per basic and diluted share, compared to GAAP net income of $0.3 million, or $0.01 per basic and diluted share, in the seco
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