Ooma (OOMA) Rides A Phone Line Extinction Into Faster Growth

Ooma Inc. reported second-quarter fiscal 2027 results on August 26 that showed substantial top-line expansion alongside margin improvements. Revenue reached $83.2 million, representing 25% year-over-year growth, while business subscription and services revenue climbed 38%. Adjusted EBITDA jumped 74% to $12.4 million, and non-GAAP net income rose 58% to $10.2 million. Operating cash flow hit a record $13.1 million, and the company reduced its debt balance to $47 million after a $6.5 million repa