magicJack VocalTec (CALL) Tops Q2 EPS by 6c

August 9, 2016 4:50 PM EDT
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magicJack VocalTec (NASDAQ: CALL) reported Q2 EPS of $0.27, $0.06 better than the analyst estimate of $0.21. Revenue for the quarter came in at $25.3 million versus the consensus estimate of $26.6 million.

“We are pleased with our second quarter results,” said Gerald Vento, President and CEO of magicJack VocalTec. “During the quarter, we continued to generate strong cash flow in our consumer business and experienced the lowest churn in our company’s history. We also made great progress with our growth initiatives, including the integration of Broadsmart, the launch of magicJack for Business targeting SMBs and the release of our magicJack Connect mobile app.”

For earnings history and earnings-related data on magicJack VocalTec (CALL) click here.

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