secwatch.observer — SEC 8-K summary
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Issuer:     OOMA INC (OOMA)
CIK:        0001327688
Form:       8-K
Filed at:   2023-12-05T23:59:59+00:00
Accession:  0000950170-23-068180
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ooma reports Q3 FY2024 revenue $59.9M (+6% YoY); GAAP net income $0.09/share vs loss $0.11
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- Total revenue $59.9M, up 6% YoY; subscription revenue $55.9M, 93% of total, driven by Ooma Business growth.
- GAAP net income $2.3M ($0.09 per share) vs GAAP net loss $2.8M ($0.11 loss) in prior year; includes $3.2M tax benefit from 2600Hz acquisition.
- Non-GAAP net income $4.0M ($0.15 diluted) vs $3.5M ($0.14); Adjusted EBITDA $5.0M vs $4.5M.
- Ooma Business segment continues to drive subscription growth; no new guidance provided.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327688/000095017023068180/0000950170-23-068180-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327688/000095017023068180/ooma-20231205.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-068180

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