Ooma Q1 Revenue Jumps 24.8% to $81.15M, Unveils New AI Platform for SMBs
Summary
Ooma reported strong Q1 fiscal 2027 results, with revenue increasing 24.8% to $81.15 million and adjusted EPS of $0.35, surpassing analyst estimates. This follows the initial Q1 earnings announcement yesterday, adding specific revenue growth figures and highlighting the launch of Ooma AI for its SMB and residential services. The robust financial performance and new AI product offering underscore the company's positive momentum, especially as shares are up 63% year-to-date and trading near a 52-week high.
At the time of this announcement, OOMA was trading at $19.81 on NYSE in the Technology sector, with a market capitalization of approximately $530.1M. The 52-week trading range was $9.79 to $19.60. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.