Vocera Communications, Inc. (VCRA) Tops Q4 EPS by 8c, Revenues Beat; Offers FY21 EPS Mid-Point Guidance Below Consensus, FY21 Revenue Mid-Point View Above Consensus

Vocera Communications, Inc. (NYSE: VCRA) reported Q4 EPS of $0.28, $0.08 better than the analyst estimate of $0.20. Revenue for the quarter came in at $56.6 million versus the consensus estimate of $54.59 million.

Fourth quarter of 2020 financial highlights include:

• Total revenue of $56.6 million, up 14% compared to $49.7 million last year
• GAAP net income of $0.1 million compared to a GAAP net loss of $(1.7) million last year
• Non-GAAP net income of $9.7 million compared to $4.9 million last year
• Adjusted EBITDA of $13.1 million compared to $6.9 million last year
• Full-year bookings were $233.3 million, up 17% year-over-year
• Deferred revenue and backlog combined of $173.9 million as of December 31, 2020, an increase of 28% over last year

“We had an outstanding Q4. Strong execution by our enhanced sales organization and the rising priority of our solutions translated into excellent performance in our business across the board,” said Brent Lang, Chairman and CEO. “This year, we faced unprecedented challenges around the world and rallied as a company to deliver the best results in our history.”

GUIDANCE:

Vocera Communications, Inc. sees FY2021 EPS of $0.45-$0.61, versus the consensus of $0.59. Vocera Communications, Inc. sees FY2021 revenue of $215-225 million, versus the consensus of $217 million.

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

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