Ooma, Inc. shares rise 3.58% after-hours after reporting Q2 earnings that surpassed Wall Street expectations.

Ooma, Inc. rose 3.58% in after-hours trading, driven by the company's fiscal second-quarter financial results. Ooma reported a profit of $1.3 million, or 4 cents per share, with adjusted earnings of 23 cents per share, surpassing Wall Street expectations of 20 cents per share. The company also posted revenue of $66.4 million, exceeding forecasts of $65.7 million. Additionally, Ooma expects its per-share earnings to range from 22 cents to 23 cents for the current quarter.