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 |
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
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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
Ooma, Inc. (NYSE:OOMA), a smart communications platform for businesses and consumers, today announced the following conference participation: What: The Lake Street Capital Markets 8th Annual Best Ideas Growth Conference, investor meetings (no public presentation or webcast) When: September 12, 2024, with meetings throughout the day Who: Ooma CFO Shig Hamamatsu Where: New York Interested parties should contact their Lake Street Capital Markets sales representative for further details and meeting opportunities. About Ooma, Inc. Ooma (NYSE:OOMA) creates powerful connected experiences for businesses, consumers and service providers, delivered through smart cloud-based communications pla
Ooma, Inc. (NYSE:OOMA), a smart communications platform for businesses and consumers, today announced the following conference participation: What: 2024 Gateway Conference, presentation and investor meetings produced by the Gateway Group When: Presentation at 2:30 p.m. Pacific time on September 4, 2024, with meetings throughout the day Who: Ooma CEO Eric Stang and Ooma CFO Shig Hamamatsu Where: The Four Seasons Hotel, San Francisco 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/. For additional informat
Ooma, Inc. (NYSE:OOMA), a smart communications platform for businesses and consumers, today announced the following conference participation: What: 15th Annual Midwest IDEAS Conference, presentation and investor meetings When: Presentation (fireside chat) at 3:30 p.m. until 4:05 p.m. Central time on August 29, 2024, with meetings throughout the day Who: Ooma CEO Eric Stang and Ooma CFO Shig Hamamatsu Where: The Gwen Hotel, Chicago 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/. If interested in partici
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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
Ooma, Inc., a smart communications platform for businesses and consumers, today announced that it has acquired 2600Hz, Inc., a leader in modern and flexible business communications applications targeted at resellers and carriers, for approximately $33 million in cash, subject to customary purchase price adjustments. 2600Hz is expected to add approximately $7 million in annual recurring revenue to Ooma. The transaction was completed on October 20, 2023. The purchase price was partially funded by a new $30 million revolving line of credit facility with Citizens Bank, N.A. Additionally, following the closing, certain former 2600Hz employees who join Ooma will be granted equity awards under O
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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
Lake Street initiates coverage on Ooma (NYSE:OOMA) with a Buy rating and announces Price Target of $14.
Shares of Bank of Montreal (NYSE:BMO) fell sharply during Wednesday's session after the company reported worse-than-expected second-quarter financial results. Bank of Montreal posted quarterly adjusted earnings of C$2.59 per share, missing market estimates of C$2.77 per share. The company's quarterly sales came in at C$7.988 billion missing expectations of C$8.046 billion, according to data from Benzinga Pro. Bank of Montreal shares declined 7.1% to $89.32 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers ReShape Lifesciences Inc. (NASDAQ:RSLS) shares jumped 82.8% to $0.3799 a day after it received the nod from the U.S. Patent And Trademark O
Gainers Brand Engagement Network (NASDAQ:BNAI) stock rose 91.5% to $2.43 during Wednesday's regular session. The market value of their outstanding shares is at $81.0 million. Banzai International (NASDAQ:BNZI) shares moved upwards by 18.49% to $0.21. The company's market cap stands at $4.4 million. Alarum Technologies (NASDAQ:ALAR) stock moved upwards by 12.44% to $39.64. The market value of their outstanding shares is at $261.8 million. Upland Software (NASDAQ:UPLD) shares moved upwards by 11.81% to $3.08. The company's market cap stands at $84.8 million. Neonode (NASDAQ:NEON) shares rose 11.72% to $3.24. The market value of their outstanding shares is at $49.7 million. Ooma (NYSE:OOM
U.S. stocks were lower, with the Dow Jones index falling more than 300 points on Wednesday. Shares of HEICO Corporation (NYSE:HEI) rose sharply during Wednesday's session following a second-quarter earnings beat. Heico posted quarterly GAAP earnings of 88 cents per share, beating market estimates of 81 cents per share. The company's quarterly sales came in at $955.395 million versus expectations of $951.206 million, according to data from Benzinga Pro. HEICO shares gained 4.6% to $221.76 on Wednesday. Here are some other big stocks recording gains in today's session. AST SpaceMobile, Inc. (NASDAQ:ASTS) shares gained 29% to $6.88 after the company announced a partnership with
Shares of Ooma, Inc. (NYSE:OOMA) rose sharply in today's pre-market trading after the company reported better-than-expected first-quarter financial results and issued strong guidance for the second quarter. The company also issued FY25 adjusted EPS guidance above estimates. Ooma shares jumped 17% to $9.24 in the pre-market trading session. Here are some other stocks moving in pre-market trading. Gainers ReShape Lifesciences Inc. (NASDAQ:RSLS) rose 130.2% to $0.4789 in today's pre-market trading after the company announced that it received a notice of allowance for its U.S. patent application 17/572,387 titled “INTRAGASTRIC DEVICE (FOR TREATING OBESITY)” Scorpius Holdings,
Gainers Brand Engagement Network (NASDAQ:BNAI) shares increased by 85.0% to $2.35 during Wednesday's pre-market session. The company's market cap stands at $78.3 million. Banzai International (NASDAQ:BNZI) stock rose 19.17% to $0.21. The company's market cap stands at $4.5 million. Ooma (NYSE:OOMA) stock moved upwards by 14.81% to $9.07. The market value of their outstanding shares is at $239.6 million. As per the press release, Q1 earnings came out yesterday. D-Wave Quantum (NYSE:QBTS) stock moved upwards by 12.14% to $1.57. The market value of their outstanding shares is at $273.8 million. My Size (NASDAQ:MYSZ) stock increased by 8.98% to $3.88. The market value of their outstanding s
As of May 29, 2024, three stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here's the latest list of major overbought players in this sector. Ooma, Inc. (NYSE:OOMA) On May 28, Ooma reported better-than-expected first-quarte
With U.S. stock futures trading lower this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Advance Auto Parts, Inc. (NYSE:AAP) to report quarterly earnings at 68 cents per share on revenue of $3.43 billion before the opening bell, according to data from Benzinga Pro. Advance Auto Parts shares gained 1.2% to $71.00 in after-hours trading. Ooma, Inc. (NYSE:OOMA) reported better-than-expected first-quarter financial results and issued strong guidance for the second quarter. The company also issued FY25 adjusted EPS guidance above estimates. Ooma shares jumped 17.7% to $9.30 in the after-hours trading session. Analysts are
Gainers Ooma (NYSE:OOMA) shares moved upwards by 17.5% to $9.28 during Tuesday's after-market session. The company's market cap stands at $245.1 million. As per the news, the Q1 earnings report came out today. Presto Automation (NASDAQ:PRST) stock increased by 6.59% to $0.15. The company's market cap stands at $16.0 million. X3 Holdings (NASDAQ:XTKG) shares increased by 4.99% to $0.69. The company's market cap stands at $189.8 million. Lightwave Logic (NASDAQ:LWLG) stock moved upwards by 4.76% to $3.52. The market value of their outstanding shares is at $422.7 million. Upland Software (NASDAQ:UPLD) shares moved upwards by 4.72% to $2.88. The market value of their outstanding shares is a