Vonage (NYSE: VG) reported Q3 EPS of $0.07, $0.01 better than the analyst estimate of $0.06. Revenue for the quarter came in at $223 million versus the consensus estimate of $221.26 million.

Our strong financial and operational results reflect the continued execution of our strategy to drive organic and inorganic growth in Vonage Business while taking disciplined actions to release the inherent profitability in Consumer Services. The third quarter marks our third consecutive quarter of consolidated revenue growth, driven by our strong revenue growth in Vonage Business. We also had another quarter of excellent cash flows from Consumer Services, which continue to support our investments in the high-growth UCaaS for business sector," said Alan Masarek, Chief Executive Officer of Vonage.

Mr. Masarek continued, "We made great progress building the foundation to become the clear market leader in cloud communications. We completed the acquisition of iCore Networks, solidifying our position in the mid-market and enterprise segments. We invested in the "Business of Better" campaign to establish Vonage as a leading business services brand. And, we made significant progress integrating our recent acquisitions to build a scalable, efficient organization capable of serving the full spectrum of business customers from SMB up through large enterprises."

For earnings history and earnings-related data on Vonage (VG) click here.