Ooma reports Q1 FY2024 revenue $56.9M (+13% YoY); GAAP loss narrows to $0.3M

OOMA INC

2024-Q1 EPS reported -$0.01 revenue$56,852,000

Total revenue $56.9M, up 13% YoY; subscription/services revenue $53.0M (93% of total).
GAAP net loss $0.3M ($0.01/share) vs loss $0.8M ($0.03/share) in prior year.
Non-GAAP net income $4.0M ($0.16/diluted share) vs $3.0M ($0.12) a year ago.
Adjusted EBITDA $4.8M vs $3.9M in the year-ago quarter.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

OOMA INC reported fiscal first quarter ended April 30, 2023 results: net income Non-GAAP net income was $4.0 million, EPS $0.16 per diluted share.

Period: fiscal first quarter ended April 30, 2023
Net income: Non-GAAP net income was $4.0 million
EPS: $0.16 per diluted share
Result: reported results

Exact text from the filing

Fiscal First Quarter 2024 Financial Highlights: • Revenue : Total revenue was $56.9 million, up 13% year-over-year.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

OOMA INC reported fiscal first quarter ended April 30, 2023 results: net income Non-GAAP net income was $4.0 million, EPS $0.16 per diluted share.

Period: fiscal first quarter ended April 30, 2023
Net income: Non-GAAP net income was $4.0 million
EPS: $0.16 per diluted share
Result: reported results

Exact text from the filing

GAAP net loss was $0.3 million, or $0.01 per basic and diluted share, compared to GAAP net loss of $0.8 million, or $0.03 per basic and diluted share, in the first quarter of fiscal 2023.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

OOMA INC reported fiscal first quarter ended April 30, 2023 results: net income Non-GAAP net income was $4.0 million, EPS $0.16 per diluted share.

Period: fiscal first quarter ended April 30, 2023
Net income: Non-GAAP net income was $4.0 million
EPS: $0.16 per diluted share
Result: reported results

Exact text from the filing

Non-GAAP net income was $4.0 million, or $0.16 per diluted share, compared to non-GAAP net income of $3.0 million, or $0.12 per diluted share in the prior year period.

View on SEC.gov

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Source: SEC EDGAR

accession 0000950170-23-023637

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