Ooma Reports Strong Q1 Results, Exceeding Estimates with 25% Revenue Growth and Raised Full-Year Guidance
OOMA has more than doubled off its 52-week low of $9.793.
Summary
Ooma reported strong first-quarter fiscal 2027 financial results, beating analyst estimates for revenue and adjusted EPS, and raised its full-year guidance.
Key Events · Earnings and Guidance · OOMA
-
Exceeded Q1 Estimates
Ooma reported Q1 fiscal 2027 revenue of $81.1 million, surpassing the $79.841 million estimate, and non-GAAP diluted EPS of $0.35, beating the $0.32 estimate.
-
Strong Year-over-Year Growth
Total revenue increased 25% year-over-year, non-GAAP net income grew 73% to $9.7 million, and Adjusted EBITDA rose 78% to $11.8 million.
-
Return to GAAP Profitability
The company achieved GAAP net income of $2.6 million ($0.09 per diluted share) in Q1 fiscal 2027, compared to a GAAP net loss in the prior year period.
-
Raised Full-Year Guidance
Ooma increased its full fiscal year 2027 revenue outlook to a range of $326.0 million to $328.5 million and non-GAAP diluted EPS to $1.29 to $1.34.
Analysis · OOMA · Technology
Ooma delivered a robust first quarter, surpassing analyst expectations for both revenue and adjusted earnings per share. The company achieved significant year-over-year growth in total revenue (25%), non-GAAP net income (73%), and Adjusted EBITDA (78%), driven partly by recent acquisitions. This strong performance, coupled with an upward revision of full fiscal year 2027 guidance, indicates positive operational momentum and continued profitability, which is particularly notable as the stock is trading near its 52-week high.
At the time of this filing, OOMA was trading at $20.00 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 filing was assessed with positive market sentiment and an importance score of 8 out of 10.