Ooma Sees Q3 EPS $0.14-$0.16 Vs $0.14 Est; Revenue $59M-$59.6M Vs $60.08M Est
Portfolio Pulse from Benzinga Newsdesk
Ooma has projected its Q3 earnings per share (EPS) to be between $0.14 and $0.16, which is in line with the estimated $0.14. However, the company's revenue forecast of $59M-$59.6M is slightly below the estimated $60.08M.
August 23, 2023 | 8:18 pm
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Ooma's Q3 EPS forecast is in line with estimates, but its revenue projection is slightly below expectations.
Ooma's EPS forecast aligns with estimates, indicating stable profitability. However, the lower-than-expected revenue projection could indicate potential challenges in sales or market growth, which may negatively impact the stock price in the short term.
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