Ooma Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Core Viewpoint - Ooma, Inc. is set to release its second-quarter earnings results, with analysts expecting an increase in earnings per share and revenue compared to the previous year [1]. Financial Performance - Analysts anticipate Ooma will report quarterly earnings of 20 cents per share, up from 15 cents per share in the same period last year [1]. - The projected quarterly revenue is $65.72 million, compared to $64.13 million a year earlier [1]. Stock Performance - Ooma shares experienced a decline of 0.5%, closing at $11.98 on Monday [2]. Analyst Ratings - Citizens Capital Markets analyst Patrick Walravens reiterated a Market Perform rating on March 5, 2025, with an accuracy rate of 60% [4]. - Northland Capital Markets analyst Michael Latimore maintained an Outperform rating and raised the price target from $16 to $18 on December 5, 2024, with an accuracy rate of 63% [4].