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Stock impact report

Ooma Completes Acquisition of FluentStream

Ooma, Inc. (OOMA) 
Last ooma, inc. earnings: 3/5 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.ooma.com
Company Research Source: Business Wire
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 FluentStream Corp., a provider of enterprise-grade business communication services for small and medium-sized organizations, for approximately $45 million in cash subject to customary purchase price adjustments. The purchase price was funded by a new term loan facility with Citizens Bank, N.A.FluentStream is expected to generate $24-$25 million in revenue and $9.5-$10.5 million of adjusted EBITDA annually, based on current run rates, and be accretive to Ooma’s Adjusted EBITDA and non-GAAP earnings per share starting on December 1, 2025.FluentStream, founded in 2010 and headquartered in Denver, Colorado, is a cloud communications/UCaaS provider with a strong channel/partner program. Much like Ooma Office, FluentStream provides voice, text, mobile, and call-center features, and supports remote/ Show less Read more
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