NYSE$OOMA

Ooma Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Ooma's Q4 2022 financial results were released, showcasing revenue growth and non-GAAP profitability.

Ooma reported a solid fourth quarter with a 14% year-over-year increase in revenue. The company's subscription and services revenue drove the growth, accounting for 91% of the total revenue. GAAP net loss was $0.1 million, while non-GAAP net income reached $3.2 million. Adjusted EBITDA was $4.0 million.

  • Total revenue was $50.5 million, up 14% year-over-year.
  • Subscription and services revenue increased to $45.8 million, comprising 91% of total revenue.
  • GAAP net loss was $0.1 million, or $0.00 per basic and diluted share.
  • Non-GAAP net income was $3.2 million, or $0.13 per diluted share.

Headline financials

Total Revenue

$50.5M

Previous: $44.3M+14.1%
EPS (adj)

$0.13

Previous: $0.12+8.3%
Adjusted EBITDA

$4M

Previous: $3.6M+11.1%
Net Income

-$99K

Previous: -$595K+83.4%
Operating Income

-$127K

Previous: -$559K+77.3%

Revenue & EPS history

Ooma · Revenue · Quarterly

$50.5M

Q4 2022+14.1%vs Q4 2021
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

Ooma · $50.5M total across 2 segments · Q4 2022

  • Subscription and services
    $45.8M+11.3%
  • Product and other
    $4.71M+50.0%

Forward guidance

For the first quarter of fiscal 2023, Ooma expects total revenue in the range of $49.5 million to $50.2 million. GAAP net loss is expected to be in the range of $1.0 million to $1.6 million, with a per share loss of $0.04 to $0.06. Non-GAAP net income is projected to be between $2.2 million and $2.8 million, with a per share income of $0.09 to $0.11.

Tailwinds

  • Total revenue in the range of $49.5 million to $50.2 million.
  • Non-GAAP net income in the range of $2.2 million to $2.8 million.
  • Non-GAAP net income per share in the range of $0.09 to $0.11.

Headwinds

  • GAAP net loss in the range of $1.0 million to $1.6 million
  • GAAP net loss per share in the range of $0.04 to $0.06

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 Q4 2022

Historical avgQ4 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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro