Vocera Communications, Inc. (VCRA) Tops Q2 EPS by 5c

Vocera Communications, Inc. (NYSE: VCRA) reported Q2 EPS of $0.09, $0.05 better than the analyst estimate of $0.04. Revenue for the quarter came in at $42.69 million versus the consensus estimate of $42.51 million.

“The completeness of our unique solution remains a strong differentiator for us,” said Brent Lang, President and Chief Executive Officer of Vocera. “We closed several large customer wins, and our cross-selling efforts are succeeding. We booked four deals each over $2 million dollars, with strong momentum in the Federal space.”

Second quarter of 2018 financial highlights include:

• Total revenue of $42.7 million, up 8% year-over-year
• GAAP net loss per share of $(0.12); non-GAAP net income per share of $0.09
• GAAP net loss of $(3.6) million; Adjusted EBITDA of $3.5 million
• Deferred revenue of $53.4 million as of June 30, 2018
• Cash, cash equivalents and short-term investments of $206.3 million as of June 30, 2018

For earnings history and earnings-related data on Vocera Communications, Inc. (VCRA) click here.

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