Ooma Inc (NYSE:OOMA)

$ 14.55 -0.1 (-0.68%) Market Cap: 395.55 Mil Enterprise Value: 397.32 Mil PE Ratio: 0 PB Ratio: 4.74 GF Score: 73/100

Ooma Inc at Credit Suisse Communications Conference Transcript

Jun 04, 2019 / 08:25PM GMT

Release Date Price: $11.96 (+2.75%)

Transcript 10-Q

Unidentified Analyst

Great. Next up we're thrilled to have Ooma CEO, Eric Stang; and CFO, Ravi Narula. We're going to do a fireside chat. Just by way of background, I'm the Services Analyst here at CrÃ©dit Suisse, and we're thrilled to host Ravi and Eric. I'm going to sit down, we can do a little Q&A and at some point we'll weave you folks in and we're happy to take any questions either through the audience or online. So I'm going to sit down. One thing I wanted to start with Eric or Ravi, I think just for the audience, maybe just a little bit of background on what Ooma does before we kind of get into more specific Q&A, maybe just a couple of minutes on what the company does.

Eric B. Stang

Ooma, Inc. - President, CEO & Chairman

Sure, and thank you for having us here today. It's our pleasure. Ooma provides phone service primarily from the cloud, focused on business and residential users. We're a close to $150 million revenue company. 90% of it recurring revenue at about 70% gross margins. And we're known for Ooma Office, which we sell to small businesses.

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