SUNNYVALE, Calif. (AP) _ Ooma Inc. (OOMA) on Tuesday reported a loss of $1.1 million in its fiscal first quarter.

On a per-share basis, the Sunnyvale, California-based company said it had a loss of 5 cents. Earnings, adjusted for stock option expense and amortization costs, came to 11 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.

The internet phone service provider posted revenue of $40.3 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $39.9 million.

For the current quarter ending in August, Ooma expects its per-share earnings to range from 6 cents to 9 cents.

The company said it expects revenue in the range of $40 million to $40.5 million for the fiscal second quarter.

Ooma expects full-year earnings in the range of 21 cents to 30 cents per share, with revenue ranging from $161 million to $164 million.

Ooma shares have fallen 2% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $12.97, a rise of 10% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OOMA at https://www.zacks.com/ap/OOMA

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