04:47 PM EST, 12/04/2024 (MT Newswires) -- Ooma ( OOMA ) late Wednesday reported fiscal Q3 non-GAAP net income of $0.17 per diluted share, up from $0.15 a year earlier.

Analysts polled by FactSet expected $0.16.

Net revenue for the quarter ended Oct. 31 were $65.1 million, compared with $59.9 million a year earlier. Analysts expected $64.3 million.

For fiscal Q4, the communications platform company is projecting non-GAAP EPS of $0.16 to $0.17 on revenue of $64.6 million to $65.1 million. Analysts are looking for $0.14 and $64 million, respectively.

For full fiscal year, the company is projecting non-GAAP EPS of $0.61 to $0.62 on revenue of $256.3 million to $256.8 million. Analysts are looking for $0.59 and $254.9 million, respectively.

Shares were down more than 2% in extended hours.