Ooma Company Profile (NYSE:OOMA)

Ooma trades on the New York Stock Exchange (NYSE) under the ticker symbol "OOMA."

Ooma, Inc. (NYSE:OOMA) released its quarterly earnings data on Tuesday, May, 23rd. The company reported ($0.02) earnings per share for the quarter, topping analysts' consensus estimates of ($0.03) by $0.01. The company had revenue of $27.58 million for the quarter, compared to analysts' expectations of $28.14 million. Ooma had a negative net margin of 11.51% and a negative return on equity of 29.82%. The firm's revenue for the quarter was up 12.8% on a year-over-year basis. During the same quarter last year, the company earned ($0.08) earnings per share. View Ooma's Earnings History.

Ooma is scheduled to release their next quarterly earnings announcement on Monday, August, 28th 2017. View Earnings Estimates for Ooma.

Ooma issued an update on its FY18 earnings guidance on Tuesday, May, 23rd. The company provided EPS guidance of $(0.13)-(0.08) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.11). The company issued revenue guidance of $113-116 million, compared to the consensus revenue estimate of $122.52 million.Ooma also updated its Q2 guidance to $(0.05)-(0.03) EPS.

6 analysts have issued 12 month price targets for Ooma's shares. Their forecasts range from $10.50 to $14.00. On average, they expect Ooma's share price to reach $12.30 in the next year. View Analyst Ratings for Ooma.

Here are some recent quotes from research analysts about Ooma stock:

• 1. Credit Suisse Group analysts commented, "OOMA reported good F4Q results, in our view, with total revenue, margins, and EPS ahead of Street. F4Q subscription revenue growth of +17% yr/yr was in line with prior CS driven by continued strength in Office (>+60% yr/yr revenue growth); excluding Business Promoter, F2017 subscription revenue growth would have been +27% yr/yr. Initial F2018 revenue of $121-124M (+16-19% yr/yr) was also above prior Street of $121.5M (+17%), at the midpoint. Importantly, mgmt. provided more color related to the recently announced partnership with WeWork (private), which has already contributed hundreds of new users in the first month since its inception and should contribute more meaningfully to revenue in F2019 as the partnership scales both domestically and internationally. As a result of increased investments related to the new partnership (international infrastructure expansion, company-specific features/functionality, etc.), F2018 EPS was guided to ($0.08)-($0.13), below prior Street of $0.08; however, mgmt. indicated that the company should return to adj. EBITDA profitability as it exits F2018. Given current valuation (trading at only 1.0x C2017 EV/Sales multiple) and our expectations for >+20% subscription revenue growth, we view the risk/reward profile as attractive. Outperform." (3/8/2017)
• 2. According to Zacks Investment Research, "Ooma, Inc. provides communications solutions and other connected services to small business, home and mobile users. The Company's products include Ooma Office for small businesses, Business Promoter, Ooma Telo for home, Ooma end-point devices, Ooma Premier Service for Telo, Talkatone Application as well as caller identification, call-waiting and voice mail services. Ooma, Inc. is based in Palo Alto, United States. " (11/2/2016)

Some companies that are related to Ooma include Gilat Satellite Networks (GILT), Digi International (DGII), AudioCodes (AUDC), Clearfield (CLFD), CityFibre Infrastructure Holdings PLC (CITY), Airgain (AIRG), TESSCO Technologies Incorporated (TESS), BATM Advanced Communications Ltd (BVC), UTStarcom Holdings Corp (UTSI), Communications Systems (JCS), Lantronix (LTRX), Trakm8 Holdings PLC (TRAK), XG Technology (XGTI), Global Invacom Group Ltd (GINV), Audience (ADNC), CityFibre Infrastructure Holdings PLC (CFHL), Emulex (ELX) and Envivio (ENVI).

Ooma's management team includes the folowing people:

• Eric B. Stang, Chairman, President, Chief Executive Officer
• Ravi Narula, Chief Financial Officer
• Spencer D. Jackson, Vice President, General Counsel, Secretary
• James A. Gustke, Vice President of Marketing
• Alison Davis, Non-Executive Director
• Andrew H. Galligan, Non-Executive Director
• Peter J. Goettner, Non-Executive Director
• Russell Mann, Non-Executive Director
• William D. Pearce, Non-Executive Director

(OOMA) raised $85 million in an initial public offering on Friday, July 17th 2015. The company issued 5,000,000 shares at a price of $16.00-$18.00 per share. Credit Suisse and BofA Merrill Lynch served as the underwriters for the IPO and JMP Securities, William Blair and Wunderlich were co-managers.

Ooma's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Russell Investments Group Ltd. (2.08%) and Spark Investment Management LLC (0.59%). Company insiders that own Ooma stock include Equity I LLC Worldview, Eric B Stang, James A Gustke, James Wei, Ravi Narula, Russell Mann and Spencer D Jackson. View Institutional Ownership Trends for Ooma.

Ooma's stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd.. Company insiders that have sold Ooma stock in the last year include Equity I LLC Worldview, James A Gustke, James Wei, Russell Mann and Spencer D Jackson. View Insider Buying and Selling for Ooma.

Ooma's stock was purchased by a variety of institutional investors in the last quarter, including Spark Investment Management LLC. Company insiders that have bought Ooma stock in the last two years include Eric B Stang, Ravi Narula and Spencer D Jackson. View Insider Buying and Selling for Ooma.

Shares of Ooma can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Ooma stock can currently be purchased for approximately $8.55.