Ooma: Fiscal Q4 Earnings Snapshot

SUNNYVALE, Calif. (AP) — SUNNYVALE, Calif. (AP) — Ooma Inc. (OOMA) on Tuesday reported a loss of $3.1 million in its fiscal fourth quarter.

The Sunnyvale, California-based company said it had a loss of 12 cents per share. Earnings, adjusted for stock option expense and amortization costs, came to 13 cents per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share.

The internet phone service provider posted revenue of $61.7 million in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $61.5 million.

For the year, the company reported a loss of $835,000, or 3 cents per share. Revenue was reported as $236.7 million.

For the current quarter ending in April, Ooma expects its per-share earnings to range from 11 cents to 12 cents.

The company said it expects revenue in the range of $61.7 million to $62.2 million for the fiscal first quarter.

Ooma expects full-year earnings in the range of 51 cents to 55 cents per share, with revenue ranging from $250 million to $253 million.

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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