9:49 am Ooma (OOMA)
Ooma (OOMA), a recent IPO which provides internet-based phone services for homes and small businesses, is trading 6% higher today after reporting its first quarter as a public company.
In case you're not familiar, Ooma is a provider of internet-based phone services for homes and small businesses. Basically, a consumer buys Ooma's device (called the Ooma Telo, we saw it on Amazon for $125) and then they get free phone service without a monthly fee. However, the customer must pay applicable taxes and fees as required by law. No computer is needed and there …More