Earnings ·
Ooma reports Q2 fiscal 2027 revenue of $83.2M, up 25% year-over-year
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.