Ooma Q1 FY2023 revenue $50.3M, up 10% YoY; non-GAAP EPS $0.12 vs $0.11

OOMA INC

2022-Q1 EPS reported -$0.03 revenue$50,337,000

Total revenue $50.3M (+10% YoY); subscription & services revenue $46.7M (93% of total).
GAAP net loss $0.8M (-$0.03/share) improved from loss $0.9M (-$0.04) prior year.
Non-GAAP net income $3.0M ($0.12 diluted EPS) vs $2.8M ($0.11) prior year.
Adjusted EBITDA $3.9M, up from $3.5M in prior year.
Growth driven by Ooma Business segment.

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