What To Expect From Ooma, Inc. ($OOMA) 3Q21 Earnings

Ooma, Inc. (NYSE:OOMA) is set to announce third quarter earning results on Thursday 19th November 2020, after market close.

Analysts surveyed by Thomson Reuters are predicting, OOMA to report 3Q21 income of $ 0.08 per share from revenue of $ 41.31 million.

For the full year, analysts anticipate top line of $ 164.12 million, while looking forward to income of $ 0.38 per share bottom line.

The Company Outlook

Earnings for 3Q21 are anticipated in a range of $ 0.07 ~ $ 0.09 per share, while revenues are expected in a range of $ 41.00 million ~ $ 41.80 million

Full Year 2021 topline are forecasted in a range of$ 163.00 million ~ $ 164.50 million, where as bottomline are predicted in a range of $ 0.34 ~ $ 0.40 per share

Click Here For More Historical Outlooks Of Ooma, Inc.

Previous Quarter Performance

Ooma, Inc. unwinded income for the second quarter of $ 0.13 per share, from the revenue of $ 41.41 million. Street analysts expected Ooma, Inc. to report income of $ 0.07 per share on revenue of $ 40.22 million for the second quarter. The bottom line results beat street analysts by $ 0.06 or 85.71 percent, at the same time, top line results outshined analysts by $ 1.19 million or 2.96 percent.

Stock Performance

Shares of Ooma, Inc. traded up $ 0.10 or 0.68 percent on Wednesday, reaching $ 14.77 with volume of 79.80 thousand shares. Ooma, Inc. has traded high as $ 14.97 and has cracked $ 14.62 on the downward trend

According to the previous trading day, closing price of $ 14.77, representing a 96.91 % increase from the 52 week low of $ 7.45 and a 23.51 % decrease over the 52 week high of $ 19.18.

The company has a market capital of $ 330.85 million and is part of the Communication Services sector and Telecom Services industry.

Conference Call

Ooma, Inc. will be hosting a conference call at 5:00 PM eastern time on 19th November 2020, to discuss its 3Q21 financial results with the investment community. The participants may dial, +1 (833) 233-4456 U.S. or +1 (647) 689-4135 Outside U.S., when prompted, enter passcode 4896477 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.ooma.com

Ooma, Inc. creates connected experiences for businesses and consumers in the United States, Canada, and internationally. The companys smart cloud-based SaaS platform serves as a communications hub, which offers cloud-based communications solutions, smart security, and other connected services.

error: Content is protected !!
Exit mobile version