---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-023637"
form_type: "8-K"
ticker: "OOMA"
cik: "0001327688"
company_name: "OOMA INC"
filed_at: "2023-05-23T23:59:59+00:00"
generated_at: "2026-06-14T17:09:10.935850+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-23-023637
- form_type: 8-K
- ticker: OOMA
- cik: 0001327688
- company_name: OOMA INC
- filed_at: 2023-05-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1327688/000095017023023637/0000950170-23-023637-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1327688/000095017023023637/ooma-20230523.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-023637
- JSON: https://secwatch.observer/filing/0000950170-23-023637.json
- Plain text: https://secwatch.observer/filing/0000950170-23-023637.txt

## Key facts
- Earnings Releases
  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
  source text: Fiscal First Quarter 2024 Financial Highlights: • Revenue : Total revenue was $56.9 million, up 13% year-over-year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1327688/000095017023023637/0000950170-23-023637-index.htm
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1327688/000095017023023637/0000950170-23-023637-index.htm
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1327688/000095017023023637/0000950170-23-023637-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.