Ooma reports Q2 EPS 23c, consensus 20c

Reports Q2 revenue $66.4M, consensus $65.7M. “Ooma (OOMA) delivered strong Q2 financial results, with $66.4 million in revenue and $6.5 million of non-GAAP net income,” said Eric Stang, chief executive officer of Ooma. “Our results included 52% year over year growth of non-GAAP EPS and record adjusted EBITDA of $7.2 million, which grew 27% year over year. As we enter the second half of our fiscal year, we remain focused on achieving growth across our small business UCaaS, AirDial POTS replacement, and 2600Hz wholesale solutions while also improving non-GAAP net income and adjusted EBITDA year over year.”