NYSE$OOMA

Ooma Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Ooma delivered strong revenue growth and solid bottom line performance.

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.

Headline financials

Total Revenue

$49.2M

Previous: $43M+14.4%
EPS (adj)

$0.13

Previous: $0.13+0.0%
Adjusted EBITDA

$4M

Previous: $3.6M+11.1%
Capital Expenditures

-$3.05M

Previous: -$2.28M-33.7%
Free Cash Flow

-$3.38M

Previous: -$2.69M-25.3%
Net Income

-$326K

Previous: -$413K+21.1%
Operating Income

-$379K

Previous: -$522K+27.4%
Gross Profit

$30.2M

Previous: $26.7M+13.3%
Cash & Equivalents

$19.4M

Previous: $15.5M+25.3%
Total Assets

$108M

Previous: $85.7M+26.1%
Stock-Based Comp

$3.23M

No prior period

Revenue & EPS history

Ooma · Revenue · Quarterly

$49.2M

Q3 2022+14.4%vs Q3 2021
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

Ooma · $49.2M total across 2 segments · Q3 2022

  • Subscription and services
    $44.7M+12.7%
  • Product and other
    $4.51M+35.4%

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.

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 Q3 2022

Historical avgQ3 2022

+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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