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Ooma, Inc. - OOMA STOCK NEWS

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Ooma, Inc. (symbol: OOMA) is a leading provider of innovative communication solutions for both consumers and businesses. With a mission to revolutionize home and small business phone services, Ooma offers an array of products that provide free and low-cost calling in the U.S. and Canada, leveraging advanced cloud-based telephony services.

Since its inception, Ooma has been dedicated to transforming the traditional home phone service market. At the heart of their offerings is the Ooma Telo device, a sophisticated system that delivers free, high-quality calling with advanced features. This device turns a standard home phone into a smart phone, providing unparalleled convenience and value.

For three consecutive years, Ooma has been ranked as the #1 home phone service for overall satisfaction and value by a prominent consumer research publication. This accolade underscores Ooma's commitment to delivering exceptional service and value to its customers.

Building on its success in the residential market, Ooma has expanded its offerings to cater to small businesses. Ooma Office is their first-ever small business phone service, providing a comprehensive suite of features including voice, messaging, intelligent virtual attendants, and video conferencing. This service is built on a robust SaaS and unified communications platform that ensures reliable and high-definition voice quality, along with seamless integration with mobile devices.

Ooma's services are powered by a multi-tenant cloud service, on-premise devices, desktop and mobile applications, and sophisticated calling platforms. The company generates revenue through the sale of subscriptions and additional services, catering to a global customer base.

Stay updated with the latest developments, financial performance, and news about Ooma, Inc. to make informed investment decisions.

Rhea-AI Summary
Ooma reports Q2 2024 financial results with total revenue of $58.4 million, up 11% YoY. Subscription and services revenue increased to $54.7 million, driven by Ooma Business growth and OnSIP acquisition. GAAP net income was $0.3 million. Adjusted EBITDA was $4.9 million. Business outlook for Q3 2024 expects total revenue in the range of $59.0 million to $59.6 million and non-GAAP net income in the range of $3.8 million to $4.1 million. For full fiscal year 2024, total revenue is expected to be in the range of $235.5 million to $237.0 million, and non-GAAP net income is expected to be in the range of $15.5 million to $16.5 million.
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Ooma partners with Prologis to offer telecommunications services through its Essentials platform.
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Ooma, Inc. has announced new selling and collaboration features for its Ooma Office business communications service. The features include online bookings, one-to-many text messaging, team chat, and more. Ooma Office was named the Best VoIP System by PC Magazine for the tenth year in a row. The new features aim to improve productivity and customer service for small-to-medium-sized businesses.
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Ooma, Inc. (NYSE: OOMA) announces participation in B. Riley 23rd Annual Institutional Investor Conference on May 25, 2023, with CEO Eric Stang and CFO Shig Hamamatsu attending.
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FAQ

What is the current stock price of Ooma (OOMA)?

The current stock price of Ooma (OOMA) is $14.37 as of December 20, 2024.

What is the market cap of Ooma (OOMA)?

The market cap of Ooma (OOMA) is approximately 379.9M.

What does Ooma, Inc. specialize in?

Ooma, Inc. specializes in providing free and low-cost telephone calling services in the U.S. and Canada, along with advanced cloud-based telephony services for consumers and businesses.

What is the Ooma Telo?

The Ooma Telo is a sophisticated device that, when connected to the internet, delivers free, high-quality calling with advanced features, turning an ordinary home phone into a smart phone.

What services does Ooma Office offer?

Ooma Office offers small business phone services, including voice, messaging, intelligent virtual attendants, and video conferencing, built on a robust SaaS and unified communications platform.

How does Ooma generate revenue?

Ooma generates revenue through the sale of subscriptions and additional services to its global customer base.

Has Ooma received any notable recognitions?

Yes, Ooma has been ranked the #1 home phone service for overall satisfaction and value for the last three consecutive years by a leading consumer research publication.

What are the key features of Ooma's services?

Key features include high-definition voice quality, advanced functionality, and integration with mobile devices, supported by a multi-tenant cloud service and sophisticated calling platforms.

Does Ooma cater to international customers?

Yes, Ooma's advanced cloud-based telephony services cater to a global customer base.

What recent achievements have Ooma accomplished?

Ooma has recently expanded its services to include small business phone solutions with Ooma Office, gaining significant market recognition and customer satisfaction.

What is the importance of the Ooma Telo device?

The Ooma Telo device is central to Ooma's strategy, providing advanced features and high-quality, free calling, transforming traditional home phones into smart devices.

How do Ooma's services benefit small businesses?

Ooma's small business services offer comprehensive communication solutions, including voice, messaging, virtual attendants, and video conferencing, ensuring reliable and integrated communications.

Ooma, Inc.

NYSE:OOMA

OOMA Rankings

OOMA Stock Data

379.89M
24.91M
7.9%
73.12%
1.74%
Software - Application
Services-computer Processing & Data Preparation
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United States of America
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