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Provider: MacroRisk Analytics/EconomicInvestor

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Vonage Holdings Corp. Reaffirms Quarterly, FY 2012 EBITDA Guidance

Wednesday, 1 Aug 2012 08:01am EDT 

Vonage Holdings Corp. announced that consistent with its prior guidance for fiscal 2012, the Company expects to achieve adjusted EBITDA of $30-35 million per quarter, and $120-140 million for fiscal 2012, reflecting the additional investment of $5-10 million per quarter in strategic growth initiatives. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EBITDA of $29.28 million for third quarter of 2012; EBITDA of $29.22 million for fourth quarter of 2012; and EBITDA of $120 million for fiscal 2012. 

Company Quote

0.03 +0.83%
10 Jul 2014