Ooma (OOMA) Tops Q2 EPS by 41c
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Ooma Reports Second Quarter Fiscal 2016 Financial Results
September 2, 2015 4:05 PM EDTPALO ALTO, Calif., Sept. 2, 2015 /PRNewswire/ --Â Ooma, Inc. (NYSE: OOMA), a leading smart business and home communications company, today released financial results for the second quarter ended July 31, 2015.
Second Quarter Fiscal 2016 Financial Highlights:
Revenue: Total revenue of $21.1 million, up 27% year-over-year. Subscription and services revenue increased 37% to $17.4 million, and was 83% of total revenue. Product and other revenue decreased 8% to $3.7 million, and was 17% of total revenue. Net Loss: GAAP net loss was $3.4 million, or $0.80 per basic and diluted share, compared to GAAP net loss... More