OOMAOoma, Inc.

$393M

Q1 2024 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$57M+12.9% YoY

Gross Profit

$36M63.2% margin

Operating Income

-$608,000-1.1% margin

Net Income

-$326,000-0.6% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

+0.6%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

-$90,000

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$138M

Total Liabilities

$70M

Stockholders' Equity

$68M

Cash & Equivalents

$27M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$57M	$50M	+12.9%
Gross Profit	$36M	$32M	+12.5%
Operating Income	-$608,000	-$759,000	+19.9%
Net Income	-$326,000	-$766,000	+57.4%

Revenue Segments

Subscription And Services Revenue

$53M93%

Product And Other Revenue

$4M7%

OOMA Q1 2024 Earnings — Ooma, Inc. Revenue & Financial Results | Market Cap Arena