Earnings ·
Ooma, Inc. reported fiscal second quarter 2027 financial results for the period ended July 31, 2026
OOMAOoma Inc
Ooma, Inc. reported fiscal second quarter 2027 financial results for the period ended July 31, 2026. Total revenue increased 25% year-over-year to $83.2 million, driven by a rise in subscription and services revenue to $75.6 million from $61.1 million in the prior year quarter. GAAP net income was $3.0 million, or $0.10 per diluted share, compared to $1.3 million, or $0.04 per diluted share, previously. Non-GAAP net income reached $10.2 million, or $0.35 per diluted share, up from $6.5 million in the prior year period. Adjusted EBITDA grew to $12.4 million from $7.2 million. The company reduced outstanding debt to $47 million and launched new AI-driven services for business customers alongside Ooma MyPhone for residential users. For fiscal third quarter 2027, Ooma expects total revenue between $83.7 million and $84.5 million. Ooma operates in the telecommunications industry, providing advanced communications services including VoIP solutions for businesses and residential landline alternatives.