Ooma Q1 EPS Beats by 9¢ as Revenue Climbs 25% to $81.1M
OOMA•Ooma reported Q1 EPS of $0.35 vs $0.32 expected and revenue of $81.1 million, up 25% year-over-year, driven by Ooma Business segment and recent acquisitions adding $11.5 million. Subscription and services revenue grew to $74.6 million, representing 92% of total revenue, while debt-to-equity ratio remains a low 0.16.
1. Earnings Beat
Ooma posted Q1 EPS of $0.35, beating the $0.32 consensus and up from $0.20 one year ago, reflecting strong profitability improvements.
2. Revenue Growth and Acquisitions
Total revenue rose 25% year-over-year to $81.1 million, driven by the Ooma Business segment and recent acquisitions of FluentStream and Phone.com, which added $11.5 million.
3. Strong Recurring Revenue and Leverage
Subscription and services revenue reached $74.6 million (92% of total revenue), and the debt-to-equity ratio stood at 0.16, indicating a solid recurring revenue model and low financial risk.
