OOMA - Ooma Non-GAAP EPS of $0.16 beats by $0.02 revenue of $56.85M beats by $0.35M

2023-05-23 16:17:17 ET

• Ooma press release ( NYSE: OOMA ): Q1 Non-GAAP EPS of $0.16 beats by $0.02 .
• Revenue of $56.85M (+12.9% Y/Y) beats by $0.35M .
• Adjusted EBITDA was $4.8 million, compared to $3.9 million in the first quarter of fiscal 2023.
• Q2 Outlook: Total revenue in the range of $57.4 million to $57.9 million.
• GAAP net loss in the range of $0.6 million to $0.9 million and GAAP net loss per share in the range of $0.02 to $0.04.
• Non-GAAP net income in the range of $3.5 million to $3.8 million and non-GAAP net income per share in the range of $0.13 to $0.15.
• 2024 Outlook: Total revenue in the range of $235.5 million to $238.5 million.
• GAAP net loss in the range of $0.9 million to $2.9 million, and GAAP net loss per share in the range of $0.04 to $0.12.
• Non-GAAP net income in the range of $14.5 million to $16.5 million, and non-GAAP net income per share in the range of $0.55 to $0.63.

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