NYSE$OOMA

Ooma Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Ooma delivered strong financial results, achieving subscription revenue growth and non-GAAP profitability.

Ooma reported an 11% year-over-year increase in total revenue, reaching $41.4 million. Subscription and services revenue grew to $38.5 million, representing 93% of total revenue. The company achieved GAAP net loss of $0.4 million and a non-GAAP net income of $3.1 million.

  • Total revenue was $41.4 million, up 11% year-over-year.
  • Subscription and services revenue increased to $38.5 million, accounting for 93% of total revenue.
  • GAAP net loss was $0.4 million, or $0.02 per basic and diluted share.
  • Adjusted EBITDA was $3.7 million.

Headline financials

Total Revenue

$41.4M

Previous: $37.3M+10.9%
EPS (adj)

$0.13

Previous: -$0.04+425.0%
Adjusted EBITDA

$3.71M

Previous: -$528K+802.3%
Capital Expenditures

-$1.51M

Previous: -$1.63M+7.6%
Free Cash Flow

-$1.88M

Previous: -$6.62M+71.7%
Net Income

-$367K

Previous: -$4.98M+92.6%
Operating Income

-$549K

Previous: -$5.28M+89.6%
Gross Profit

$25.5M

Previous: $22.3M+14.3%
Cash & Equivalents

$10.9M

No prior period
Total Assets

$80.6M

No prior period

Revenue & EPS history

Ooma · Revenue · Quarterly

$41.4M

Q2 2021+10.9%vs Q2 2020
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Revenue by segment

Ooma · $41.4M total across 2 segments · Q2 2021

  • Subscription and services
    $38.5M+11.7%
  • Product and other
    $2.91M+1.3%

Forward guidance

Ooma expects for the third quarter of fiscal 2021 total revenue in the range of $41.0 million to $41.8 million, GAAP net loss in the range of $1.3 million to $1.8 million, and non-GAAP net income in the range of $1.7 million to $2.2 million.

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 Q2 2021

Historical avgQ2 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

Earnings price reactions
QuarterReport dateReaction (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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