05:03 PM EDT, 05/28/2024 (MT Newswires) -- Ooma ( OOMA ) reported fiscal Q1 non-GAAP earnings late Tuesday of $0.14 per diluted share, down from $0.16 a year earlier.

Analysts polled by Capital IQ expected $0.11.

Revenue for the quarter ended April 30 was $62.5 million, up from $56.9 million a year earlier.

Analysts surveyed by Capital IQ expected $61.8 million.

The company said it expects Q2 non-GAAP EPS between $0.13 and $0.14 and revenue between $62.5 million and $63.0 million.

Analysts polled by Capital IQ expect $0.12 and $62.2 million.

The company expects fiscal 2025 non-GAAP EPS between $0.55 and $0.58 and revenue between $250.7 million and $253.0 million.

Analysts surveyed by Capital IQ expect $0.53 and $251.3 million.

The company's shares were rising past 16% in after-hours activity.

Price: 9.20, Change: +1.30, Percent Change: +16.41