1. Ooma's Q3 earnings release set for Dec. 8, expected at 22 cents per share. 2. Revenue estimates of $71.42 million, up from $65.13 million last year. 3. Ooma agreed to acquire Phone.Com for $23.2 million in cash. 4. Analysts show positive rating changes and increased price targets for OOMA. 5. Stock rose 4% recently, closing at $11.74.
FAQ
Why Bullish?
OOMA's earnings and revenue growth, coupled with acquisition plans, indicate positive trends.
How important is it?
Positive earnings outlook combined with strategic acquisition supports favorable investor sentiment.
Why Short Term?
Upcoming earnings on Dec. 8 are likely to influence short-term stock performance.