Ooma (NYSE:OOMA) Releases FY 2025 Earnings Guidance

Ooma (NYSE:OOMA) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.570-0.590 for the period, compared to the consensus estimate of 0.580. The company issued revenue guidance of $254.0 million-$255.5 million, compared to the consensus revenue estimate of $252.0 million. Ooma also updated its FY25 guidance to $0.57-0.59 EPS.

Ooma Stock Down 6.8 %

OOMA stock opened at $10.22 on Friday. Ooma has a 1-year low of $6.50 and a 1-year high of $14.61. The business’s 50 day simple moving average is $9.31 and its 200 day simple moving average is $8.72. The company has a current ratio of 1.16, a quick ratio of 0.81 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $269.81 million, a PE ratio of -102.20 and a beta of 0.93.

Ooma (NYSE:OOMA) last issued its quarterly earnings data on Tuesday, May 28th. The technology company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.14). Ooma had a negative net margin of 1.09% and a negative return on equity of 1.41%. The company had revenue of $62.50 million during the quarter, compared to the consensus estimate of $61.85 million. During the same period in the previous year, the company earned $0.02 earnings per share. As a group, research analysts anticipate that Ooma will post -0.11 EPS for the current year.

Wall Street Analysts Forecast Growth

OOMA has been the subject of several research reports. JMP Securities restated a market perform rating on shares of Ooma in a research report on Wednesday. Lake Street Capital began coverage on Ooma in a report on Monday, June 17th. They set a buy rating and a $14.00 price target for the company. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, Ooma has a consensus rating of Moderate Buy and an average price target of $14.50.

Ooma Company Profile

Ooma, Inc provides communications services and related technologies for businesses and consumers in the United States and Canada. The company's products and services include Ooma Office, a cloud-based multi-user communications system for small and medium-sized businesses; Ooma Connect, which delivers fixed wireless internet connectivity; and Ooma Enterprise, a unified-communications-as-a-service (UCaaS) solution.