Ooma Sees Q1 Adj. EPS $0.11-$0.12 vs $0.11 Est., FY25 Revenue $0.51-$0.55 vs $0.61 Est.
Portfolio Pulse from Benzinga Newsdesk
Ooma projects its Q1 adjusted EPS to be between $0.11 and $0.12, aligning with the $0.11 estimate. However, its forecast for FY25 revenue ranges from $0.51 to $0.55 billion, falling short of the $0.61 billion estimate.
March 05, 2024 | 9:44 pm
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Ooma's Q1 EPS projection meets analyst expectations, but its FY25 revenue forecast is below the anticipated $0.61 billion.
Ooma's alignment with Q1 EPS estimates may temporarily support its stock price, but the significant shortfall in projected FY25 revenue compared to expectations could lead to negative investor sentiment and a potential decrease in stock price in the short term.
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RELEVANCE 100