Ooma lifts FY guidance again amid higher underlying profit in Q3

Friday 22 November 2019 | 09:16 CET | News
US VoIP operator Ooma again lifted its full year forecast after reporting results for its fiscal third quarter above expectations. Revenues for the quarter to end October advanced 21 percent from the year before to USD 39.6 million, boosted again by organic growth and the company's spring acquisition of Broadsmart. Business Services revenue lifted 37 percent.  

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Companies: Ooma
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Ooma reports 19% revenue growth, narrower-than-expected loss in Q1

Published 27 May 2020 10:45 CET | World
US VoIP operator Ooma reported generally better-than-expected profits for its fiscal first quarter of 2021 to end April, helped ...

Ooma lifts revenues, narrows loss in better-than-expected Q4

Published 06 Mar 2020 10:33 CET | World
US VoIP operator Ooma reported better-than-expected results for its fiscal fourth quarter to end January, boosted by growth in ...

Ooma presents phone, home security innovations at CES 2020

Published 06 Jan 2020 19:23 CET | World
Ooma, a smart communications platform for businesses and consumers, announced phone and home security innovations at CES 2020. ...

Oooma launches Ooma Office Pro phone service for small companies

Published 21 Nov 2019 08:48 CET | World
Ooma introduced Ooma Office Pro, a small business phone service designed to meet the advanced needs of professionals through ...

Ooma again lifts FY revenue guidance after mixed Q2

Published 28 Aug 2019 14:16 CET | World
US VoIP operator Ooma said revenues for the second quarter passed expectations, rising 18 percent from the year earlier to USD ...

Ooma Smart Cam adds voice commands for Amazon Alexa, Google Assistant

Published 10 Jul 2019 17:46 CET | World
Ooma announced the Ooma Smart Cam indoor/outdoor home security camera is now capable of responding to voice commands through ...

Ooma passes 1 mln subscribers

Published 04 Jun 2019 15:46 CET | United States
Ooma announced that the number of users of the company's core subscription services has passed more than one million, including ...

Ooma raises FY guidance after another mixed quarter in Q1

Published 22 May 2019 10:45 CET | World
US VoIP operator Ooma, which just announced the acquisition of Broadsmart, lifted revenues in the first quarter but also widened ...

Ooma to buy Broadsmart from MagicJack for USD 7.4 mln

Published 21 May 2019 15:13 CET | North America
Ooma announced an agreement to acquire Broadsmart Global from MagicJack Vocaltec for USD 7.4 million cash in order to expand its ...

Ooma expands channel program with white-label offering for Ooma Enterprise

Published 10 Apr 2019 16:03 CET | World
Ooma expanded its partner programme for its UCaaS platform Ooma Enterprise. The programme now includes a white-label offering ...

Ooma launches Ooma Enterprise Communications Client

Published 09 Apr 2019 14:55 CET | North America
Ooma released the next generation Ooma Enterprise Communications Client, which makes unified communications (UC) easy and ...

Ooma revenues rise but losses widen in Q4

Published 06 Mar 2019 10:40 CET | World
US VoIP operator Ooma reported higher revenues in the fourth quarter, but also stronger losses. These will continue to widen in ...

Ooma releases Ooma Telo 4G wireless home phone

Published 07 Jan 2019 18:08 CET | United States
Ooma announced the Ooma Telo 4G wireless home phone, which offers all the benefits of advanced VoIP connectivity without ...

Ooma introduces Ooma Smart Cam indoor/outdoor video security camera

Published 07 Jan 2019 17:53 CET | United States
Ooma announced Ooma Smart Cam, its indoor/outdoor HD video security camera that's fully wireless and provides advanced features, ...