High materiality8/10
Top Wall Street Forecasters Revamp Ooma Expectations Ahead Of Q3 Earnings
Why it may matterVerify against the original reporting
OOMA's earnings and revenue growth, coupled with acquisition plans, indicate positive trends.
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Ooma's Q3 earnings release set for Dec. 8, expected at 22 cents per share. Revenue estimates of $71.42 million, up from $65.13 million last year. Ooma agreed to acquire Phone.Com for $23.2 million in cash. Analysts show positive rating changes and increased price targets for OOMA. Stock rose 4% recently, closing at $11.74.
- Ooma's Q3 earnings release set for Dec. 8, expected at 22 cents per share.
- Revenue estimates of $71.42 million, up from $65.13 million last year.
- Ooma agreed to acquire Phone.Com for $23.2 million in cash.
- Analysts show positive rating changes and increased price targets for OOMA.
- Stock rose 4% recently, closing at $11.74.
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