{"id":922655,"date":"2025-12-29T08:04:46","date_gmt":"2025-12-29T13:04:46","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ooma-completes-acquisition-of-phone-com\/"},"modified":"2025-12-29T08:04:46","modified_gmt":"2025-12-29T13:04:46","slug":"ooma-completes-acquisition-of-phone-com","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ooma-completes-acquisition-of-phone-com\/","title":{"rendered":"Ooma Completes Acquisition of Phone.com"},"content":{"rendered":"

<\/p>\n

Ooma Completes Acquisition of Phone.com<\/b><\/p>\n

SUNNYVALE, Calif.–(BUSINESS WIRE<\/a>)–Ooma, Inc.<\/a>, a smart communications platform for businesses and consumers, today announced the successful closing of its previously announced acquisition of Phone.com<\/a>, a provider of cloud-based business communications for small and medium-sized organizations, for approximately $23.2 million in cash, subject to customary working capital adjustments.<\/p>\n

\nPhone.com is expected to generate $22-$23 million in revenue and $1.0-$1.5 million in adjusted EBITDA annually, based on current run rates and before synergies, and be accretive to Ooma\u2019s Adjusted EBITDA and non-GAAP earnings per share starting on December 26, 2025.<\/p>\n

\nHeadquartered in Newark, New Jersey, Phone.com is a cloud communications\/UCaaS provider focused on serving small and medium sized businesses. Like Ooma Office<\/a>, Phone.com offers flexible, affordable, and reliable solutions spanning voice, video, text, specialized call handling, and desktop and mobile applications. The company serves approximately 36,000 customers and 87,000 users across North America from its proprietary UCaaS platform.<\/p>\n

\nTelegraph Hill Advisors served as the exclusive financial advisor to Phone.com in the transaction.<\/p>\n

Non-GAAP Financial Measures<\/b><\/p>\n

\nIn addition to disclosing estimates of financial measures prepared in accordance with U.S. generally accepted accounting principles (\u201cGAAP\u201d), this press release contains estimates of Adjusted EBITDA in future periods. As explained in Ooma\u2019s filings with the Securities and Exchange Commission, Adjusted EBITDA represents net income before interest and otherincome, income taxes, depreciation and amortization of capital expenditures, amortization of intangible assets, stock-based compensation and related taxes, litigation costs, restructuring costs and gain on note conversion. This non-GAAP financial measure is presented in this press release to provide investors with the expected annualized impact of the business to be acquired by Ooma. In general, Ooma considers its non-GAAP financial measures to be useful measures of the operating performance of the company, because they contain adjustments for unusual events or factors that do not directly affect what management considers to be Ooma’s core operating performance and are used by the company’s management for that purpose. Adjusted EBITDA is also a useful measure of Ooma\u2019s ability to service debt.<\/p>\n

\nAdjusted EBITDA should not be considered a substitute for financial information presented in accordance with GAAP and may be different from non-GAAP financial measures presented by other companies. A limitation of the non-GAAP financial measures presented is that the adjustments to the directly comparable GAAP financial measure, net income (loss), relate to items that the company generally expects to continue to recognize. The adjustment of these items should not be construed as an inference that the adjusted gains or expenses are unusual, infrequent or non-recurring. Therefore, both GAAP financial measure of Ooma’s financial performance and the related non-GAAP measure should be considered together, when available.<\/p>\n

\nReconciliations of estimated annualized Adjusted EBITDA to full-year estimates of GAAP net income (loss) have not been provided due to the unreasonable efforts it would take to provide such reconciliations due to the high variability, complexity and uncertainty with respect to forecasting and quantifying certain amounts that are necessary for such reconciliations.<\/p>\n

Forward-Looking Statements<\/b><\/p>\n

\nThis release includes \u201cforward-looking statements\u201d within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release that are not statements of historical or current fact constitute \u201cforward-looking statements.\u201d The forward-looking statements contained in this press release include, without limitation, statements related to the expected benefits of the Phone.com acquisition to Ooma, such as Phone.com\u2019 s financial and business impact on and synergies with Ooma. These forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of Ooma to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Such risks, uncertainties and unknown factors include, among others, the potential impact on the businesses of Ooma and Phone.com due to uncertainties regarding the acquisition; the retention of the former employees, customers and users of Phone.com and the ability of Ooma to successfully integrate the acquired company and to achieve expected benefits from the acquisition. In addition to statements that explicitly describe such risks and uncertainties readers are urged to consider statements labeled with the terms \u201cbelieves,\u201d \u201cbelief,\u201d \u201cexpects,\u201d \u201cprojects,\u201d \u201cintends,\u201d \u201canticipates\u201d or \u201cplans\u201d to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in Ooma\u2019s filings with the Securities and Exchange Commission, including under Item 1A, \u201cRisk Factors\u201d in the Company\u2019s Annual Report on Form 10-K for the fiscal year ended January 31, 2025 filed on April 1, 2025, and in its subsequent reports on Forms 10-Q and 8-K. Investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date they are made. Ooma undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.<\/p>\n

About Ooma, Inc.<\/b><\/p>\n

\nOoma (NYSE: OOMA) delivers phone, messaging, video and advanced communications services that are easy to implement and provide great value. Founded in 2003, the company offers Ooma Office for small to medium-sized businesses seeking enterprise-grade features designed for their needs; Ooma AirDial for any business looking to replace aging and increasingly expensive copper phone lines; Ooma 2600Hz for businesses that provide their own communications solutions built on an outsourced underlying platform; and Ooma Telo for residential consumers who value a landline experience at a more affordable price point. Ooma\u2019s award-winning solutions power more than 2 million users today. Learn more at www.ooma.com<\/a> in the United States or www.ooma.ca<\/a> in Canada.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20251229179637\/en\/<\/a><\/span><\/p>\n

Investors
\n<\/b>
Matthew S. Robison
\n
Director of IR and Corporate Development
\n
Ooma, Inc.
\n
email: ir@ooma.com
\n<\/a>
phone: (650) 300-1480<\/p>\n

Media
\n<\/b>
Jim Gustke
\n
Senior Vice President, Marketing
\n
Ooma, Inc.
\n
email: press@ooma.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America California New Jersey<\/p>\n

INDUSTRY KEYWORDS:<\/b> Technology Mobile\/Wireless Audio\/Video Telecommunications Internet Carriers and Services<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Ooma Completes Acquisition of Phone.com SUNNYVALE, Calif.–(BUSINESS WIRE)–Ooma, Inc., a smart communications platform for businesses and consumers, today announced the successful closing of its previously announced acquisition of Phone.com, a provider of cloud-based business communications for small and medium-sized organizations, for approximately $23.2 million in cash, subject to customary working capital adjustments. Phone.com is expected to generate $22-$23 million in revenue and $1.0-$1.5 million in adjusted EBITDA annually, based on current run rates and before synergies, and be accretive to Ooma\u2019s Adjusted EBITDA and non-GAAP earnings per share starting on December 26, 2025. Headquartered in Newark, New Jersey, Phone.com is a cloud communications\/UCaaS provider focused on serving small and medium sized businesses. Like Ooma Office, Phone.com offers flexible, affordable, and … <\/p>\n

Continue reading “Ooma Completes Acquisition of Phone.com”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-922655","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nOoma Completes Acquisition of Phone.com - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ooma-completes-acquisition-of-phone-com\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ooma Completes Acquisition of Phone.com - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Ooma Completes Acquisition of Phone.com SUNNYVALE, Calif.–(BUSINESS WIRE)–Ooma, Inc., a smart communications platform for businesses and consumers, today announced the successful closing of its previously announced acquisition of Phone.com, a provider of cloud-based business communications for small and medium-sized organizations, for approximately $23.2 million in cash, subject to customary working capital adjustments. Phone.com is expected to generate $22-$23 million in revenue and $1.0-$1.5 million in adjusted EBITDA annually, based on current run rates and before synergies, and be accretive to Ooma\u2019s Adjusted EBITDA and non-GAAP earnings per share starting on December 26, 2025. Headquartered in Newark, New Jersey, Phone.com is a cloud communications\/UCaaS provider focused on serving small and medium sized businesses. 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