Ooma Q3 FY2022 revenue $49.2M (+14% YoY); GAAP net loss narrows to $0.3M

OOMA INC

2022-Q3 EPS reported -$0.07 revenue$141,801,000

Total revenue $49.2M, up 14% YoY; subscription/services revenue $44.7M (91% of total).
GAAP net loss $0.3M ($0.01/share) vs loss $0.4M ($0.02) in prior-year quarter.
Non-GAAP net income $3.3M ($0.13/diluted share) vs $3.1M ($0.13) prior year.
Adjusted EBITDA $4.0M, up from $3.6M in the prior-year period.
Growth driven by Ooma Business segment; subscription revenue increased 13% YoY.

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