Ooma posts fiscal Q2 net income of $3 million, revenue $83.2 million
AI Market Summary
Ooma reported fiscal Q2 net income of $3M ($0.10/share) and adjusted EPS of $0.35 on $83.2M revenue, alongside stronger guidance. The company guided Q3 EPS to $0.34–0.35 with revenue of $83.7–84.5M and raised full-year EPS to $1.35–1.38 with revenue of $332–333.5M. The update supports risk sentiment but is likely market-limited given Ooma's small index weight.
Impact level
● Low
Affected assets
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AI Insight · NCCOGOLD2USD/USDTAI Insight
▲ Bullish
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Ooma reported fiscal second-quarter net income of $3 million, or 10 cents per share. Adjusted earnings were 35 cents per share, on revenue of $83.2 million. For the quarter ending in October, the company forecast per-share earnings of 34 cents to 35 cents and revenue of $83.7 million to $84.5 million. Ooma raised its full-year outlook to $1.35 to $1.38 per share and $332 million to $333.5 million in revenue.
