Ooma Inc reported second-quarter adjusted earnings per share of $0.35, beating the analyst consensus of $0.33 by $0.02, while revenue reached $83.2 million, topping the $81.72 million estimate.
For the third quarter ending Oct. 31, Ooma guided for adjusted EPS of $0.34 to $0.35, above the $0.32 consensus, and revenue of $83.7 million to $84.5 million, compared with the $82.02 million forecast. The company also raised its full-year 2027 guidance, projecting adjusted EPS of $1.35 to $1.38 versus the prior consensus of $1.31, and revenue of $332 million to $333.5 million, up from the $327.5 million estimate.
Ooma’s shares closed at $20.53, up 16.32% over the past three months and 55.30% over the last 12 months. Analysts have revised earnings estimates upward in four instances over the past 90 days, with one downward revision.
InvestingPro rated the company’s financial health as "good performance."
