Ooma, Inc. announced its financial results for the fiscal third quarter ended October 31, 2024, reporting total revenue of $65.1 million. Business subscription and services revenue grew by 13% year-over-year. The company achieved record levels for Adjusted EBITDA and Cash Flow from Operations.
Non-GAAP net income for the quarter was between $4.5 million and $4.8 million, with non-GAAP diluted net income per share between $0.16 and $0.17. Adjusted EBITDA reached between $5.7 million and $6.0 million. These results reflect Ooma's focus on its business segments and operational efficiency.
For the fourth quarter of fiscal 2025, Ooma expects total revenue between $64.7 million and $65.2 million. Non-GAAP net income is projected between $4.5 million and $4.8 million, and Adjusted EBITDA between $5.7 million and $6.0 million. The company also signed two new resale partners for AirDial and enabled a major new customer for 2600Hz.
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