Business
Ooma Completes Acquisition of FluentStream
SUNNYVALE, Calif., December 01, 2025--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.
About this update from Ooma, Inc.
[{"type":"text","content":"SUNNYVALE, Calif., December 01, 2025--(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.","length":505,"tagName":"p"},{"type":"text","content":"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.","length":248,"tagName":"p"},{"type":"text","content":"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/hybrid workforces, with a strong emphasis on customer service and reliability. The company has grown significantly over the last several years through a series of acquisitions and now serves approximately 5,000 customers and 80,000 users. Most of FluentStream’s customers are served by FluentStream’s proprietary UCaaS platform and U.S. based customer support.","length":621,"tagName":"p"},{"type":"text","content":"Ooma will host its Third Quarter Fiscal 2026 Results Conference Call on December 8, 2025 after market close, during which management will discuss financial results as well as the transaction and its impact on fiscal 2026 financial guidance.","length":240,"tagName":"p"},{"type":"text","content":"Non-GAAP Financial Measures","length":27,"tagName":"p"},{"type":"text","content":"In addition to disclosing estimates of financial measures prepared in accordance with U.S. generally accepted accounting principles ("GAAP"), this press release contains estimates of Adjusted EBITDA in future periods. As explained in Ooma’s filings with the Securities and Exchange Commission, Adjusted EBITDA represents net income before interest and other income, income taxes, depreciation and amortization of capital expenditures, amort...