|Over a week ago|
Ooma appoints Judi Hand to board of directors » 08:0906/0806/08/20
Ooma (OOMA) announced the…
Ooma (OOMA) announced the appointment of Judi Hand, an experienced cloud services sales and marketing leader, to its board of directors, effective June 3, 2020. Hand is executive vice president and chief revenue officer of TTEC Holdings (TTEC) in Englewood, Colorado.
|Over a month ago|
Fly Intel: After-Hours Movers » 18:2405/2605/26/20
STNE, OOMA, TSCO, HEI, CHRS, ESNT, PTEN, JACK, IDXX, BMY, VSAT, KEYS, SBLK, RPAY, FVRR
Check out this evening's…
Ooma raises FY21 EPS view to 21c-30c from 9c-17c, consensus 11c » 16:3405/2605/26/20
Lowers FY21 revenue view…
Lowers FY21 revenue view to $161M-$164M from $167M-$170M, consensus $165.8M
Ooma sees FY21 EPS 21c-30c, consensus 11c » 16:2405/2605/26/20
Sees FY21 revenue…
Sees FY21 revenue $161M-$164M, consensus $165.8M. Ooma provided guidance based on current market conditions and expectations. The company emphasizes that the guidance is subject to cautionary factors, including risks and uncertainties associated with the COVID-19 pandemic.
Ooma sees Q2 EPS 6c-9c, consensus 3c » 16:2205/2605/26/20
Sees Q2 revenue…
Sees Q2 revenue $40M-$40.5M, consensus $40.76M.
Ooma reports Q1 EPS 11c, consensus 2c » 16:2005/2605/26/20
Reports Q1 revenue…
Reports Q1 revenue $40.31M, consensus $39.84M."Ooma achieved excellent performance for the first quarter of fiscal 2021, especially in light of what has transpired in the economy since we last reported. The dedicated effort of our employees has been superb during Shelter-in-Place, enabling us to deliver 54% year-over-year subscription revenue growth for Ooma Business," said Eric Stang, CEO. "Our recent launch of Ooma Connect and enhancements to Office Pro position us well to bring greater value to our customers."
Ooma launches desktop app for Ooma Office Pro » 08:1104/1504/15/20
Ooma introduced a desktop…
Ooma introduced a desktop app for Ooma Office Pro that expands its work from anywhere capabilities by turning Windows PCs and Macs into full-featured business phones. For workers who spend most of their day in front of a computer, the Ooma Office Pro desktop app provides a virtual endpoint as an alternative or addition to a traditional desk phone. The app works anywhere the computer has an internet connection, keeping employees connected while working on the road, from home or in the office. Ooma Office Pro, priced at $24.95 per user per month with no service contracts, offers all the reliability, call quality and functionality of Ooma Office while adding capabilities that meet the professional needs of businesses seeking a further productivity boost.
|Over a quarter ago|
Ooma will not stop service for non-payment for the next 60 days » 08:1403/1703/17/20
Ooma announced that it is…
Ooma announced that it is taking the Federal Communication Commission's "Keep Americans Connected Pledge" by agreeing not to stop any Ooma customer's business or residential phone service for non-payment for the next 60 days. FCC Commissioner Ajit Pai asked telecommunications service providers to take the pledge in a press release on March 13. Companies taking the pledge agree "for the next 60 days to not terminate service to any residential or small business customers because of their inability to pay their bills due to the disruptions caused by the coronavirus pandemic." Ooma has not disconnected any Ooma Office business customers or Ooma Telo residential customers for non-payment since early March and is now pledging not to do so before May 17 at the earliest. The policy is also being extended to all Ooma customers in Canada. Ooma is honoring all applicable provisions of the FCC's Keep Americans Connected Pledge, which also include waiving late fees for the next 60 days.
Fly Intel: Top five analyst initiations » 10:2003/1603/16/20
THR, OOMA, NLTX, AVXL, IPR
Catch up on today's…
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Thermon Group (THR) initiated with a Buy at Rosenblatt. 2. Ooma (OOMA) initiated with a Buy at Alliance Global Partners. 3. Neoleukin Therapeutics (NLTX) initiated with a Buy at BofA. 4. Anavex (AVXL) initiated with a Buy at H.C. Wainwright. 5. Innovative Industrial Properties (IIPR) initiated with a Buy at Roth Capital. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
Ooma initiated with a Buy at Alliance Global Partners » 06:0503/1603/16/20
OOMA, RNG, EGHT
Alliance Global Partners…
Alliance Global Partners analyst Brian Kinstlinger initiated coverage of Ooma (OOMA) with a Buy rating and $21 price target. The analyst attributes the stock's discount to peers to the company's residential business. However, with Ooma's technology rated highest for business users in a PC Magazine survey and its business subscribers growing faster than its immediate competitors RingCentral (RNG) and 8x8, Inc. (EGHT), the valuation gap should narrow, Kinstlinger tells investors in a research note.