Vocera Communications, Inc. (VCRA) Tops Q1 EPS by 1c
Get Alerts VCRA Hot Sheet
Join SI Premium – FREE
Vocera Communications, Inc. (NYSE: VCRA) reported Q1 EPS of ($0.14), $0.01 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $24.7 million versus the consensus estimate of $24.19 million.
Vocera Communications, Inc. sees FY2014 EPS of ($0.28)-($0.1), versus the consensus of ($0.19). Vocera Communications, Inc. sees FY2014 revenue of $105-115 million, versus the consensus of $111.95 million.
“It was a pivotal quarter for Vocera as we strengthened our position for future growth,” said Brent Lang, Vocera’s president and CEO. “We launched two new products into the market, added technology assets to enable new alarm management solutions later this year, strengthened sales and marketing processes, launched a broadened brand, and opened an additional development center in India. Despite continuing budget challenges in the hospital industry that resulted in bookings below our expectations, revenue increased 10% over the first quarter last year.”
For earnings history and earnings-related data on Vocera Communications, Inc. (VCRA) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Equifax (EFX) shares tumble as Q2, full-year guidance falls short
- Adidas (ADDYY) stock rises after outlook boost
- ASML slides as Q1 sales fall short but firm still on track for 2025 revenue target
Create E-mail Alert Related Categories
Earnings, Guidance, Management CommentsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!