OOMA Q1 2023 Earnings — Ooma, Inc. Revenue & Financial Results | Market Cap Arena

OOMAOoma, Inc.

$393M

Q1 2023 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$50M+10.5% YoY

Gross Profit

$32M63.5% margin

Operating Income

-$759,000-1.5% margin

Net Income

-$766,000-1.5% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

-0.3%

Cash Flow

Operating Cash Flow

$819,000

Free Cash Flow

-$640,000

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$111M

Total Liabilities

$56M

Stockholders' Equity

$55M

Cash & Equivalents

$22M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$50M	$46M	+10.5%
Gross Profit	$32M	$28M	+13.8%
Operating Income	-$759,000	-$966,000	+21.4%
Net Income	-$766,000	-$887,000	+13.6%

Revenue Segments

Subscription And Services Revenue

$47M93%

Product And Other Revenue

$4M7%