Vocera Communications, Inc. (VCRA) Reports In-Line Q4 EPS; Offers Q1 & FY20 EPS Guidance Below Consensus, Provides Q1/FY20 Revenue Outlook

Vocera Communications, Inc. (NYSE: VCRA) reported Q4 EPS of $0.15, in-line with the analyst estimate of $0.15. Revenue for the quarter came in at $49.7 million versus the consensus estimate of $49.28 million.

Fourth quarter of 2019 financial highlights include:

• Total revenue of $49.7 million, compared to $48.9 million last year
• GAAP net loss per share of $(0.05); non-GAAP diluted earnings per share of $0.15
• GAAP net loss of $(1.7) million; Adjusted EBITDA of $6.9 million
• Full-year bookings of $199.2 million, up 10% year-over-year
• Deferred revenue and backlog combined of $136.3 million as of December 31, 2019, an increase of 13% over last year

“For the year, we drove bookings growth of 10% compared to 2018. We continued the trend toward large, new customer wins and sizeable expansions, demonstrating both our continued high win rate and the value our existing customers see in our solution,” said Brent Lang, Chairman and Chief Executive Officer of Vocera. “2019 was an important transitional year for the company as we revamped our sales organization and introduced several strategically important new products.”

GUIDANCE:

Vocera Communications, Inc. sees Q1 2020 EPS of ($0.23)-($0.15), versus the consensus of ($0.06). Vocera Communications, Inc. sees Q1 2020 revenue of $36-39 million, versus the consensus of $37.9 million.

Vocera Communications, Inc. sees FY2020 EPS of $0.18-$0.33, versus the consensus of $0.43. Vocera Communications, Inc. sees FY2020 revenue of $186-196 million, versus the consensus of $191.53 million.

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

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