Ooma is exploding higher following the company's fiscal second-quarter 2027 financial results released after the market close on August 26. The company reported revenue of $83.2 million, representing a 25% increase from the prior year, alongside earnings of $0.35 per share which topped the Zacks Consensus Estimate of $0.33. This positive momentum was bolstered by news from the previous day, when Ooma was named the top VoIP provider in the 2026 Spiceworks Voice of IT survey based on feedback from 236 IT professionals.