Ooma Q2 FY2024 revenue $58.4M (+11% YoY); non-GAAP EPS $0.14

OOMA INC

2024-Q2 EPS reported $0.00 revenue$115,205,000

Total revenue $58.4M, up 11% YoY; subscription & services revenue $54.7M (94% of total).
GAAP net income $0.3M ($0.01 EPS); non-GAAP net income $3.8M ($0.14 diluted EPS).
Adjusted EBITDA $4.9M vs $4.0M in prior-year quarter.
Growth driven by Ooma Business and OnSIP acquisition (July 2022).

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 0.9

OOMA INC reported fiscal second quarter ended July 31, 2023 results: revenue $58.4 million, net income $0.3 million, EPS $0.01 per basic and diluted share.

Period: fiscal second quarter ended July 31, 2023
Revenue: $58.4 million
Net income: $0.3 million
EPS: $0.01 per basic and diluted share
Result: reported results

Exact text from the filing

Revenue : Total revenue was $58.4 million, up 11% year-over-year. Subscription and services revenue increased to $54.7 million from $48.0 million in the second quarter of fiscal 2023, and was 94% of total revenue, primarily driven by the growth of Ooma Business and the acquisition of OnSIP in July 2022. • Net Income : GAAP net income was $0.3 million, or $0.01 per basic and diluted share, compared to GAAP net income of $0.3 million, or $0.01 per basic and diluted share, in the second quarter of fiscal 2023.

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Source: SEC EDGAR

accession 0000950170-23-044139

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