Ooma (NYSE:OOMA – Get Rating) issued an update on its third quarter 2023 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $0.11-$0.13 for the period, compared to the consensus estimate of $0.09. The company issued revenue guidance of $56.00 million-$56.50 million, compared to the consensus revenue estimate of $53.78 million. Ooma also updated its FY 2023 guidance to $0.45-$0.49 EPS.
Ooma Price Performance
Shares of OOMA opened at $12.40 on Friday. The stock’s 50-day simple moving average is $12.49 and its 200 day simple moving average is $13.11. Ooma has a 52-week low of $10.82 and a 52-week high of $24.28.
Analyst Ratings Changes
Separately, StockNews.com lowered Ooma from a strong-buy rating to a buy rating in a research report on Friday, September 9th.
Hedge Funds Weigh In On Ooma
Ooma, Inc provides communications services and related technologies for businesses and consumers in the United States and Canada. The company's products and services include Ooma Office, a cloud-based multi-user communications system for small and medium-sized businesses; Ooma Office Pro, which offers various services, including HD video meetings, call recording, enhanced call blocking, and voicemail transcription; Ooma Connect, which delivers fixed wireless internet connectivity; Ooma Managed Wi-Fi, a plug-and-play enterprise-grade Wi-Fi solution; and Ooma Enterprise, a unified-communications-as-a-service solution.
- Get a free copy of the StockNews.com research report on Ooma (OOMA)
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