Keyword: Ooma

"Ooma Hits Record Revenue in Q1 2025 Earnings Call: Future Projections and Growth Opportunities Unveiled"

Sunnyvale, California – Ooma, Inc. recently held its Q1 2025 Earnings Conference Call, where key company executives shared the financial results and outlook for the fiscal year. The conference call featured Director of Investor Relations & Corporate Development, Matt Robison; Chief Executive Officer, Eric Stang; and Chief Financial Officer, Shig Hamamatsu.

During the call, Ooma reported a strong start to fiscal year 2025, with revenue exceeding expectations. The company’s total revenue for Q1 was $62.5 million, with non-GAAP net income reaching $3.6 million. Revenue growth was solid at 10% year-over-year, driven by growth in business services revenue, which increased by 18% year-over-year. Additionally, Ooma saw a notable increase in total business users.

Operating cash flow for the quarter was $3.6 million, with a significant reduction in total debt from $18 million to $11.5 million. Ooma Business, which includes leading solutions like Office, Enterprise, AirDial, and 2600Hz, performed well in Q1. The company’s strategy to target larger-sized customers with their Pro and Pro Plus tiers showed positive results, with an increase in new Ooma Office customers.

The integration of 2600Hz platform has been progressing well, with strong market interest and potential for significant revenue growth from new customers. Ooma also announced partnerships with UScellular and T-Mobile to offer Ooma Office and Ooma Telo to their customers. The company continues to drive growth in both Ooma Business and Ooma Residential segments.

Looking ahead, Ooma provided guidance for the second quarter and full year fiscal 2025 on a non-GAAP basis. The company expects continued revenue growth and profitability, focusing on delivering value to shareholders. With a strong foundation of recurring revenue and a robust product suite, Ooma remains optimistic about its future prospects.

Overall, Ooma’s Q1 earnings call showcased the company’s solid performance and strategic initiatives to drive growth and profitability in the evolving telecommunications market.