Ooma Q3 2022 Earnings Report
Key Takeaways
Ooma's total revenue was $49.2 million, up 14% year-over-year. GAAP net loss was $0.3 million, or $0.01 per basic and diluted share. Non-GAAP net income was $3.3 million, or $0.13 per diluted share. Adjusted EBITDA was $4.0 million.
Total revenue was $49.2 million, up 14% year-over-year.
Subscription and services revenue increased to $44.7 million, representing 91% of total revenue.
GAAP net loss was $0.3 million, or $0.01 per basic and diluted share.
Adjusted EBITDA was $4.0 million.
Ooma
Ooma
Ooma Revenue by Segment
Forward Guidance
For the fourth quarter of fiscal 2022, Ooma expects total revenue in the range of $49.7 million to $50.2 million, GAAP net loss in the range of $0.5 million to $1.0 million, and non-GAAP net income in the range of $2.3 million to $2.8 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income