secwatch.observer — SEC 8-K summary
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Issuer:     OOMA INC (OOMA)
CIK:        0001327688
Form:       8-K
Filed at:   2022-09-01T23:59:59+00:00
Accession:  0000950170-22-018039
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ooma Q2 FY2023 revenue $52.7M (+12% YoY), GAAP net income $0.3M, acquires OnSIP
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- Total revenue $52.7M, up 12% YoY; subscription and services revenue $48.0M (91% of total).
- GAAP net income $0.3M ($0.01/share) vs net loss $0.4M ($0.02/share) in prior-year quarter; includes $2.0M tax benefit from OnSIP acquisition.
- Non-GAAP net income $3.0M ($0.12/diluted) vs $3.3M ($0.13); Adjusted EBITDA $4.0M vs $4.1M.
- Announced acquisition of OnSIP; intangible asset recording triggered valuation allowance release.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327688/000095017022018039/0000950170-22-018039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327688/000095017022018039/ooma-20220901.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-018039

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer