Strong Start to Fiscal Year 2026
Ooma, Inc. reported $65 million in revenue, $5.6 million in non-GAAP net income, and $6.7 million in adjusted EBITDA, exceeding the top end of their guidance range.
Revenue Growth and Profitability
Revenue grew by 4% year over year, with significant contributions from Ooma Office and Ooma Enterprise. The company achieved a 56% increase in non-GAAP net income compared to the prior year quarter.
Ooma Airdial Expansion
Partnership with Comcast launched on schedule, and the company signed up several new Airdial reseller partners, now exceeding 30 partners.
2600 Hertz Platform Success
Closed four new customers in Q1, validating the platform's capability to win CPaaS type opportunities.
Improved Product Gross Margin
Product and other gross margin improved from negative 67% to negative 41% year over year.