secwatch.observer — SEC 8-K summary
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Issuer:     OOMA INC (OOMA)
CIK:        0001327688
Form:       8-K
Filed at:   2024-05-28T23:59:59+00:00
Accession:  0000950170-24-065226
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ooma Q1 revenue up 10% to $62.5M; GAAP loss widens to $2.1M
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- Revenue $62.5M (+10% YoY); subscription/services $58.4M (93% of revenue).
- GAAP net loss $2.1M ($0.08 loss per share) vs $0.3M loss a year ago.
- Non-GAAP net income $3.6M ($0.14 diluted EPS) vs $4.0M ($0.16) prior year.
- Adjusted EBITDA $5.0M vs $4.8M in Q1 FY2024; margin roughly flat.
- Growth driven by Ooma Business segment and 2600hz acquisition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327688/000095017024065226/0000950170-24-065226-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327688/000095017024065226/ooma-20240528.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-065226

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