Entering text into the input field will update the search result below

Ooma: Rising Operating Expenses Restricting Income Growth

Mar. 29, 2023 1:11 PM ETOoma, Inc. (OOMA)
Mayank N. Sharma profile picture
Mayank N. Sharma


  • OOMA reported mixed Q4 FY23 results with moderate revenue growth but deteriorating net income margins.
  • The management has provided moderate guidance for FY2024, with revenues and net loss expected to be in the range of $235.5-$238.5 and $0.9-$2.9 million, resp.
  • OOMA is trading at twelve-month trailing P/E multiple of 23.17x compared to the industry standard of 14x.
  • I assign a Hold rating for OOMA.

Businesswoman gestures during video call

SDI Productions

Investment Thesis

Ooma, Inc. (NYSE:OOMA) is an American communication services provider headquartered in Sunnyvale, California. My thesis is primarily based on OOMA’s performance in the fourth quarter of FY2023. I will also be assessing its valuation at current price

This article was written by

Mayank N. Sharma profile picture
I am an Equity Research Analyst. I have a passion in researching undervalued companies with high growth potential. Having 4 years of fundamental analysis experience at hand, I look forward to keep investors informed about the lucrative investment opportunities in the Equity market.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You


Disagree with this article? Submit your own. To report a factual error in this article, . Your feedback matters to us!

About OOMA

SymbolLast Price% Chg
Market Cap
Yield (TTM)
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on OOMA

Related Stocks

SymbolLast Price% Chg
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.