Ooma Reports First Quarter Fiscal Year 2018 Financial Results
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William Blair Downgrades Ooma (OOMA) to Market Perform
May 24, 2017 7:34 AM EDTWilliam Blair downgraded Ooma (NYSE: OOMA) from Outperform to Market Perform.
Analyst Bhavan Suri said, "We believe the revenue decline and lowered guidance are a result of structural challenges within roughly 80% of the company's overall business,... More
Credit Suisse Downgrades Ooma (OOMA) to Neutral; 'Too Many Unforced Errors'
May 24, 2017 6:44 AM EDTCredit Suisse downgraded Ooma (NYSE: OOMA) from Outperform to Neutral with a price target of $12.00 (from $16.00) following disappointing FQ1 results and lowered F2018 growth guidance.
Michael Nemeroff note while the Office business (~20% of revs today) is seeing strong growth it is still... More
Ooma (OOMA) Tops Q1 EPS by 5c; Issues Mixed Outlook
May 23, 2017 4:20 PM EDTOoma (NYSE: OOMA) reported Q1 EPS of $0.02, $0.05 better than the analyst estimate of ($0.03). Revenue for the quarter rose 13% to $27.6 million versus the consensus estimate of $28.14 million.
"We are progressing well on our strategy to grow Ooma Office which delivered strong results and we... More
