Vocera Communications, Inc. (VCRA) Tops Q1 EPS by 1c

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.

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