Ooma: Fiscal Q2 Earnings Snapshot

SUNNYVALE, Calif. (AP) — SUNNYVALE, Calif. (AP) — Ooma Inc. (OOMA) on Wednesday reported net income of $3 million in its fiscal second quarter.

On a per-share basis, the Sunnyvale, California-based company said it had net income of 10 cents. Earnings, adjusted for stock option expense and amortization costs, came to 35 cents per share.

The internet phone service provider posted revenue of $83.2 million in the period.

For the current quarter ending in October, Ooma expects its per-share earnings to range from 34 cents to 35 cents.

The company said it expects revenue in the range of $83.7 million to $84.5 million for the fiscal third quarter.

Ooma expects full-year earnings in the range of $1.35 to $1.38 per share, with revenue ranging from $332 million to $333.5 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OOMA at https://www.zacks.com/ap/OOMA