Edition:
United States

Vonage Holdings Corp (VG.N)

VG.N on New York Stock Exchange

6.74USD
28 Sep 2016
Change (% chg)

$0.10 (+1.51%)
Prev Close
$6.64
Open
$6.60
Day's High
$6.75
Day's Low
$6.58
Volume
850,994
Avg. Vol
752,526
52-wk High
$7.40
52-wk Low
$3.82

Latest Key Developments (Source: Significant Developments)

Vonage Holdings Q2 adjusted earnings per share $0.08
Tuesday, 2 Aug 2016 08:00am EDT 

Vonage Holdings Corp : Vonage announces strong second quarter 2016 results, driven by Vonage business GAAP revenues of $86 million, a 75% year-over-year increase . Q2 earnings per share view $0.07, revenue view $226.5 million -- Thomson Reuters I/B/E/S . Qtrly consumer customer churn improved to 2.1%, down from 2.2% in year ago quarter . Q2 gaap earnings per share $0.00 . Q2 revenue $234 million versus $222 million . Q2 vonage business revenue churn was 1.4%, compared to 1.3% in year ago quarter .Q2 adjusted earnings per share $0.08.  Full Article

Vonage holdings completes acquisition of Nexmo
Monday, 6 Jun 2016 08:30am EDT 

Vonage Holdings Corp : Vonage completes acquisition of Nexmo, company closes on new credit facility, executes increased share repurchase .Closed on an expanded $450 million credit facility.  Full Article

Vonage holdings - CEO Alan Masarek reports open market purchase of co's common stock
Monday, 16 May 2016 11:03am EDT 

Vonage Holdings : Ceo alan masarek bought 62,000 shares of co's common stock in open market at average price of 3.9275/share on may 12 - sec filing .Ceo alan masarek bought 64,460 shares of co's common stock in open market at average price of $3.9004/share on may 12.  Full Article

Vonage Holdings Corp to acquire Nexmo Inc
Thursday, 5 May 2016 08:15am EDT 

Vonage Holdings Corp:Entered into a definitive agreement to acquire Nexmo Inc for $230 million in cash and stock.  Full Article

Vonage Holdings Corp increases FY 2015 guidance
Wednesday, 4 Nov 2015 08:00am EST 

Vonage Holdings Corp:Updates and has increased its FY 2015 revenue and EBITDA guidance given greater visibility on full year results and closing of the iCore acquisition.Expects total FY 2015 GAAP revenue of $891 million to $895 million and adjusted EBITDA of $142 million to $144 million.  Full Article

Vonage Holdings Corp Completes Acquisition of iCore Networks, Inc.
Tuesday, 1 Sep 2015 09:15am EDT 

Vonage Holdings Corp:Says has completed the acquisition of iCore Networks, Inc. ("iCore"), a premier provider of Unified Communications-as-a-Service (UCaaS) for businesses.Vonage paid $92 million for iCore, funded through cash from the Company's balance sheet and from its revolving credit facility.  Full Article

Vonage Holdings Corp to acquire icore networks, inc
Thursday, 20 Aug 2015 08:00am EDT 

Vonage Holdings Corp:To acquire icore networks, inc. to accelerate its unified communications strategy.Says deal valued at $92 million.Says updating its 2015 revenue guidance to include the impact of the icore acquisition.Says expects total 2015 GAAP revenue to be in the range of $885 million to $892 million.Says company now expects year-over-year 2015 Vonage business pro-forma organic revenue growth.Continues to expect 2015 adjusted EBITDA to be at least $135 million and capital expenditures to be about $30 million.Says annual recurring cost synergies are expected to exceed $5 million in 2016.  Full Article

Vonage Holdings Corp granted 11 new patents in Q2 2015
Wednesday, 1 Jul 2015 08:30am EDT 

Vonage Holdings Corp:It was granted 11 new patents in the second quarter of 2015 by the United States Patent and Trademark Office.Company now owns 86 U.S. patents, with nearly 250 U.S. patent applications pending, along with many foreign patents and pending applications in jurisdictions worldwide.  Full Article

Vonage Holdings Corp raises FY 2015 revenue guidance, reaffirms EBITDA guidance
Wednesday, 6 May 2015 08:00am EDT 

Vonage Holdings Corp:Now expects FY 2015 total revenue to be in the range of $862 to $877 million.Continues to expect FY 2015 adjusted EBITDA to be at least $135 million.FY 2015 revenue of $875 million and EBITDA of $117 million - Thomson Reuters I/B/E/S.  Full Article

Vonage Holdings completes acquisition of Simple Signal Inc
Wednesday, 1 Apr 2015 04:50pm EDT 

Vonage Holdings:Completes the acquisition of Simple Signal Inc, provider of Unified Communications-as-a-Service (UCaaS) and collaboration solutions to small and medium businesses (SMBs).Vonage paid $25.25 mln for SimpleSignal, comprised of approximately $20 mln in cash and about 1.1 million shares in Vonage common stock.  Full Article

BRIEF-Vonage Holdings Q2 adjusted earnings per share $0.08

* Vonage announces strong second quarter 2016 results, driven by Vonage business GAAP revenues of $86 million, a 75% year-over-year increase