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Earnings lifted by $1.97 millions tax benefit

A $1.97 millions in income tax provisions, fueled Ooma Inc to exhibit $0.01 eps in the financial interval ending July 31 2022

Published 2022-09-09T12:08:11+00:00
Goran Soko / CSIMarket.com Contributer

For the financial interval ending July 31 2022 OOMA had turn a round to profitability by displaying EPS of $0.01 per share compare to $-0.02 a year prior and income per share turned positive from $-0.03 per share from the preceding quarter.

Revenues were up by 11.892 % to $52.65 millions from $47.06 millions in the comparable quarter a year prior and sequentially Revenues increased by 4.601 % from $50.34 millions.




saw earnings of $0.338 millions in the financial interval ending July 31 2022 an improvement versus a net deficit of $-0.439 millions in the comparable quarter a year ago.

A crucial contributor for this positive performance. As above cited, it was the $1.97 millions tax benefit, the has obtained.


Ooma Inc is expected to report next financial recent numbers on April 07, 2023.


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Other OOMA's Earnings Reports

Ooma Inc reported fourth quarter 2022 earnings

Ooma Inc reported third quarter 2022 earnings

Ooma Inc reported second quarter 2022 earnings

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