Ooma Raises Outlook After Strong Q1 as Airdial and Uma AI Drive Growth

Overview

• Ooma reported fiscal Q1 results on Tuesday, May 26, with revenue of $81.1 million, GAAP profit of $2.6 million, and adjusted EPS of $0.35 that beat analyst forecasts.
• The company said services revenue tied to its Airdial business jumped about 80% year over year and new Airdial lines installed more than doubled, which management called the main driver of the quarter’s upside.
• Ooma introduced Uma AI as a suite of AI call‑handling features that the company expects will increase average revenue per user by upselling AI receptionist and answering services.
• Recent acquisitions FluentStream and Phone.com contributed roughly $11.5 million in revenue and $2.7 million in non‑GAAP net income in their first full quarter, and management is integrating those businesses while prioritizing aggressive debt repayment.
• The company raised full‑year revenue guidance to $326 million–$328.5 million and set Q2 revenue and EPS targets consistent with the quarter’s momentum, while flagging product gross‑margin pressure this year from component costs and retail stocking.