Ooma Turns Profitable in Q1 FY2027 with $81.15M Revenue, $0.09 GAAP EPS
Summary
Ooma Inc reported strong first-quarter fiscal 2027 results from its 10-Q filing, with revenue up 25% year-over-year to $81.15 million. The company achieved GAAP profitability, posting $0.09 diluted earnings per share and $2.58 million in net income, a significant improvement from a loss in the prior year. This official filing provides the full GAAP financial picture, complementing earlier reports that highlighted adjusted EPS. Growth was primarily driven by the expansion of Ooma Business and contributions from recent acquisitions.
At the time of this announcement, OOMA was trading at $17.13 on NYSE in the Technology sector, with a market capitalization of approximately $471.2M. The 52-week trading range was $9.79 to $21.96. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.