Ooma (OOMA) Tops Q2 EPS by 1c, Revenues Beat; Offers FY19 EPS/Revenue Outlook
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Ooma Reports Second Quarter Fiscal Year 2019 Financial Results
August 28, 2018 4:15 PM EDTSUNNYVALE, Calif., Aug. 28, 2018 (GLOBE NEWSWIRE) -- Ooma, Inc. (NYSE: OOMA), a smart communications platform for businesses and consumers, today released financial results for the second quarter fiscal 2019 ended July 31, 2018.
Second Quarter Fiscal 2019 Financial Highlights
Revenue: Total revenue was $31.7 million, up 12% year-over-year. Subscription and services revenue increased to $28.4 million and was 90% of total revenue, driven by 19% year-over-year growth in our business and residential subscription and services revenue.Net Loss: GAAP net loss was $3.9 million, or $0.20 per basic and diluted share, compared to GAAP... More