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Broadband

Ooma raises FY guidance after another mixed quarter in Q1

Wednesday 22 May 2019 | 10:45 CET | News
US VoIP operator Ooma, which just announced the acquisition of Broadsmart, lifted revenues in the first quarter but also widened its losses, as warned earlier. Nevertheless, the company raised its revenue and profit expectations for the full year. CEO Eric Stang was pleased with the quarter's performance, the growth in recurring revenues and the continued execution of the strategic initiatives.

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Categories: Internet
Companies: Ooma
Countries: World
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