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Broadband

Ooma raises FY guidance after lifting revenues 13% in Q1

Thursday 27 May 2021 | 14:19 CET | News
US VoIP operator Ooma said revenues rose 13 percent from the year before to USD 45.6 million for its fiscal first quarter to end April, well within guidance, with subscription and services lifting to 42 million from 37.6 million, helped mainly by the growth of Ooma Business. The net loss narrowed to USD 0.9 million or USD 0.04 per share, from a loss of 1.1 million and 0.05 per share. The adjusted EBITDA increased to USD 3.5 million from 3.0 million.

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Categories: Fixed
Companies: Ooma
Countries: United States
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