NYSE$OOMA
Ooma Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Ooma's Q1 2021 financial performance was released, revealing revenue growth and improved profitability.
Ooma reported a strong first quarter with revenue reaching $40.3 million, a 19% increase year-over-year. Subscription and services revenue drove growth, accounting for 93% of total revenue. The company also improved its profitability, with adjusted EBITDA at $3.0 million compared to a negative $0.5 million in the same quarter last year.
- Total revenue increased by 19% year-over-year, reaching $40.3 million.
- Subscription and services revenue grew to $37.6 million, making up 93% of total revenue.
- GAAP net loss improved to $1.1 million, or $0.05 per share, compared to a $4.7 million loss in the previous year.
- Adjusted EBITDA was $3.0 million, a significant improvement from the negative $0.5 million in the first quarter of fiscal year 2020.
Headline financials
Revenue & EPS history
Ooma · Revenue · Quarterly
$40.3M
Revenue by segment
Ooma · $40.3M total across 2 segments · Q1 2021
- Subscription and services$37.6M+20.9%93.3%
- Product and other$2.69M-7.1%6.7%
Forward guidance
Ooma provided revenue and earnings guidance for the second quarter and full fiscal year 2021, emphasizing that these projections are subject to risks and uncertainties related to the COVID-19 pandemic.
Tailwinds
- Expects total revenue in the range of $40.0 million to $40.5 million for Q2 2021.
- Anticipates non-GAAP net income between $1.5 million and $2.0 million for Q2 2021.
- Projects non-GAAP earnings per share to be in the range of $0.06 to $0.09 for Q2 2021.
- Forecasts total revenue in the range of $161.0 million to $164.0 million for the full fiscal year 2021.
- Estimates non-GAAP net income to be between $5.0 million and $7.0 million for the full fiscal year 2021.
Headwinds
- Expects GAAP net loss in the range of $1.5 million to $2.0 million for Q2 2021.
- Anticipates GAAP net loss per share to be in the range of $0.06 to $0.09 for Q2 2021.
- Projects GAAP net loss in the range of $6.5 million to $8.5 million for the full fiscal year 2021.
- Estimates GAAP net loss per share to be in the range of $0.30 to $0.39 for the full fiscal year 2021.
- Guidance is subject to cautionary factors including risks and uncertainties associated with the COVID-19 pandemic.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2021
+3.0%
Avg return
Earnings day
+2.4%
Avg return
5 days after
+0.6%
Avg return
30 days after
77%
33 / 43 earnings
Positive
+21.3%
Q2 2025
Best reaction
-29.2%
Q1 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | — | — | — | |
| Q4 2026 | +11.6% | +9.6% | +13.2% | |
| Q3 2026 | -15.3% | -4.6% | -7.5% | |
| Q2 2026 | +7.6% | +5.6% | +2.0% | |
| Q1 2026 | +1.3% | +0.7% | -6.1% | |
| Q4 2025 | +2.3% | +0.1% | -11.8% | |
| Q3 2025 | +7.5% | +2.0% | -4.7% | |
| Q2 2025 | +21.3% | +15.0% | +25.8% | |
| Q1 2025 | +12.4% | +13.5% | +25.1% | |
| Q4 2024 | -12.4% | -6.1% | -17.6% | |
| Q3 2024 | -9.5% | -13.2% | -11.7% | |
| Q2 2024 | +3.2% | +1.3% | -2.7% | |
| Q1 2024 | -5.4% | -3.6% | +7.0% | |
| Q4 2023 | +0.8% | -0.9% | -4.3% | |
| Q3 2023 | +0.2% | -4.3% | -11.3% | |
| Q2 2023 | +4.3% | +8.8% | +1.7% | |
| Q1 2023 | +0.6% | +4.0% | -12.2% | |
| Q4 2022 | -11.7% | -12.2% | -6.8% | |
| Q3 2022 | +0.1% | +4.2% | +8.7% | |
| Q2 2022 | +18.4% | +11.9% | -0.4% | |
| Q1 2022 | +15.7% | +18.3% | +28.0% | |
| Q4 2021 | +2.8% | +1.4% | +0.3% | |
| Q3 2021 | +10.2% | +5.1% | -1.4% | |
| Q2 2021 | +1.6% | -5.8% | -15.2% | |
| Q1 2021 | +14.4% | +0.7% | +21.1% | |
| Q4 2020 | +11.4% | +6.2% | -19.3% | |
| Q3 2020 | +8.5% | +20.9% | +24.8% | |
| Q2 2020 | +7.7% | +3.6% | -13.5% | |
| Q1 2020 | -16.9% | -20.5% | -23.3% | |
| Q4 2019 | -1.4% | -4.2% | -19.2% | |
| Q3 2019 | +13.8% | +9.0% | +1.4% | |
| Q2 2019 | +3.8% | +0.6% | +1.9% | |
| Q1 2019 | +0.0% | -3.6% | +0.4% | |
| Q4 2018 | +7.1% | +5.3% | +3.6% | |
| Q3 2018 | +16.5% | +13.5% | +20.5% | |
| Q2 2018 | +12.7% | +18.5% | +24.2% | |
| Q1 2018 | -29.2% | -25.3% | -28.8% | |
| Q4 2017 | +3.2% | -4.7% | +12.1% | |
| Q3 2017 | +2.2% | -2.2% | -3.3% | |
| Q2 2017 | +2.0% | +12.1% | +2.9% | |
| Q1 2017 | +8.7% | +14.7% | +20.3% | |
| Q4 2016 | +4.4% | — | — | |
| Q3 2016 | -9.0% | — | — | |
| Q2 2016 | +1.4% | — | — | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — | |
| Q4 2013 | — | — | — |
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