Ooma Inc. shares surged 7.6% in extended trading after the company reported second-quarter results that exceeded analyst expectations and provided upbeat guidance for the year.
The cloud communications provider posted adjusted earnings per share of $0.35, topping the $0.33 consensus estimate. Revenue totaled $83.2 million, up 25% year-over-year and surpassing the $81.72 million forecast. Subscription and services revenue, which accounted for 91% of total revenue at $75.6 million, grew from $61.1 million in the prior-year period, driven by expansion in Ooma Business and contributions from acquisitions completed in December 2025.
Non-GAAP net income increased 58% year-over-year to $10.2 million, while adjusted EBITDA reached $12.4 million, compared with $7.2 million in the same quarter of fiscal 2026.
For the third quarter of fiscal 2027, Ooma guided revenue to $83.7 million to $84.5 million, with adjusted EPS expected between $0.34 and $0.35. The midpoint of $84.1 million exceeds the $82.017 million consensus, while the EPS midpoint of $0.345 surpasses the $0.32 estimate. Full-year fiscal 2027 guidance calls for revenue of $332.0 million to $333.5 million, above the $327.5 million consensus, and adjusted EPS of $1.35 to $1.38, topping the $1.31 estimate.
CEO Eric Stang highlighted the company’s execution in the quarter, noting the 25% year-over-year revenue growth to $83.2 million and a 58% increase in non-GAAP net income to $10.2 million.
