Ooma Q3 2021 Earnings Report
Key Takeaways
Ooma reported a revenue of $43 million and a GAAP net loss of $0.4 million, or $0.02 per basic and diluted share, while non-GAAP net income was $3.1 million, or $0.13 per diluted share. Adjusted EBITDA was $3.6 million.
Total revenue was $43.0 million, up 9% year-over-year.
Subscription and services revenue increased to $39.6 million, representing 92% of total revenue.
GAAP net loss was $0.4 million, or $0.02 per basic and diluted share.
Adjusted EBITDA was $3.6 million.
Ooma
Ooma
Ooma Revenue by Segment
Forward Guidance
For the fourth quarter of fiscal 2021, Ooma expects to report total revenue in the range of $43.0 million to $43.8 million, GAAP net loss in the range of $0.8 million to $1.4 million and GAAP net loss per share in the range of $0.04 to $0.07, and non-GAAP net income in the range of $2.0 million to $2.6 million and non-GAAP earnings per share in the range of $0.08 to $0.11.
Revenue & Expenses
Visualization of income flow from segment revenue to net income