OOMA - Ooma reports Q4 beat guides Q1 revenue above estimates mixed FY22 guidance
Ooma (OOMA) reports Q4 results that beat EPS and revenue estimates.Q4 highlights: Revenue rose 9% Y/Y to $44.3M; Subscription and services revenue was 93% of total revenue, driven by growth in combined Ooma Business.Non-GAAP net income was $2.8M, compared to $1.0M in the prior-year period.Adjusted EBITDA was $3.6M vs. $1.4M a year ago.Gross margin on a Non-GAAP basis was 63% vs. 61%.Cash and cash equivalents at end of quarter was $17.3M.For FQ1, it's guiding to revenue of $44.0M-$44.8M vs. an expected $43.21M, and Non-GAAP EPS of $0.07-$0.10 vs. a $0.08 consensus.For fiscal 2022, it sees revenue of $182.5M-185.5M (consensus: $181.47M), and EPS of $0.26-0.34 (consensus: $0.39).Previously (March 1): Ooma EPS beats by $0.02, beats on revenueRelated (March 1): Ooma, Inc.'s (OOMA) CEO Eric Stang on Q4 2021 Results - Earnings Call Transcript
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Ooma reports Q4 beat, guides Q1 revenue above estimates, mixed FY22 guidance