Ooma reports Q2 revenue of $83.2 million, up 25%

Ooma (NYSE: OOMA ) released second-quarter financial results and hosted an earnings call on Wednesday.

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The full earnings call is available at Summary Ooma Inc reported strong Q2 fiscal 2027 results with revenue of $83.2 million, a 25% increase year-over-year, driven by business subscriptions, AirDial, and recent acquisitions.

The company achieved a non-GAAP net income of $10.2 million and an adjusted EBITDA of $12.4 million, both significantly up year-over-year by 58% and 74%, respectively.

Key strategic initiatives include the expansion of AirDial, introduction of new AI features, launch of MyPhone, and integration of recent acquisitions FluentStream and Phone.com.

Ooma introduced AI transcription and AI insights, with plans to release a new AI productivity pack in Q3, aiming to increase ARPU and customer engagement.

Guidance for Q3 fiscal 2027 predicts revenue between $83.7 million to $84.5 million and non-GAAP net income between $9.8 million to $10.2 million.

Full-year fiscal 2027 revenue is expected to reach $332 million to $333.5 million, with a focus on increasing business subscription revenue by approximately 32%.

The company has seen strong early adoption of MyPhone, reversing previous declines in residential users, and plans to launch a new residential product, StarDial.

Ooma is actively seeking new reseller partnerships for AirDial and expects continued growth from POTS replacement opportunities.

Management remains confident in achieving long-term financial targets, supported by strong market demand and strategic execution.

Full Transcript OPERATOR Thank you for standing by, and welcome to Ooma's second quarter fiscal year 2027 earnings conference call.

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I would now like to hand the call over to Matthew Robertson, Director of Investor Relations.

Please go ahead.

Matt Robison, Director of Investor Relations and Corporate Development Thanks, Latif.

Good day, everyone, and welcome to the second quarter fiscal 2027 earnings call of Ooma Inc.

My name is Matt Robison.

I am Ooma's Director of IR and Corporate Development.

On the call with me today are Ooma CEO Eric Stang and CFO Shig Hamamatsu.

After the market closed today, Ooma issued its second quarter fiscal 2027 earnings press release.

This release is also available on the company's website, ooma.com.

This call is being webcast live and is accessible from a link on the Events and Presentations page of the Investor Relations section of our website.

This link will be active for replay of this call for one year.

During today's presentation, our executives will make forward-looking statements within the meaning of the federal securities laws.

Forward-looking statements generally relate to future events or future financial or operating performance.

Our expectations and beliefs regarding these matters may not materialize, and actual results are subject to risks and uncertainties that could cause actual results to differ materially from those projected.

These risks include those set forth in the press release we issued earlier today and those risks more fully described in our filings with the Securities and Exchange Commission.

The forward-looking statements in this presentation are based on information available to us as of the date hereof, and we disclaim any obligation to update any forward-looking statements except as required by law.

Please note that, other than revenue or as otherwise stated, the financial measures to be disclosed on this call will be on a non-GAAP basis.

The non-GAAP financial measures are not intended to be considered in isolation or as a substitute for results prepared in accordance with GAAP.