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.

Ooma, Inc. reported the final voting results from its June 4, 2026, annual meeting of stockholders. Stockholders representing approximately 85.2% of outstanding common stock attended the quorum. Susan G. Butenhoff and Russ Mann were elected to the Board as Class II directors. The stockholders also ratified the appointment of most of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending January 31, 2027. Additionally, stockholders' non-binding advisory vote approved the following executive compensation for the majority of the fiscal year ended January 31, 2026. Ooma, Inc. operates in the telecommunications industry and provides cloud-based communication services.