Ooma (OOMA) Tops Q3 EPS by 4c
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Ooma Reports Third Quarter Fiscal Year 2022 Financial Results
December 2, 2021 4:15 PM ESTSUNNYVALE, Calif.--(BUSINESS WIRE)-- Ooma, Inc. (NYSE: OOMA), a smart communications platform for businesses and consumers, today released financial results for the fiscal third quarter ended October 31, 2021.
Third Quarter Fiscal 2022 Financial Highlights:
Revenue: Total revenue was $49.2 million, up 14% year-over-year. Subscription and services revenue increased to $44.7 million from $39.6 million in the third quarter of fiscal 2021, and was 91% of total revenue, primarily driven by the growth of Ooma Business. Net Income/Loss: GAAP net loss was $0.3 million, or $0.01 per basic and diluted... More