Vocera Communications, Inc. (VCRA) Tops Q3 EPS by 10c, Revenues Beat; Offers FY18 EPS Mid-Points Above Consensus
Vocera Communications, Inc. (NYSE: VCRA) reported Q3 EPS of $0.20, $0.10 better than the analyst estimate of $0.10. Revenue for the quarter came in at $47.8 million versus the consensus estimate of $46.54 million.
“We had a great third quarter. Our success was broad based, with all market segments of our business performing well,” said Brent Lang, President and Chief Executive Officer of Vocera. “Several large customer wins validated our leadership position, and our solution continues to succeed against competitors. Cross-selling is gaining traction as customers seek a unified solution for their communication needs.”
Third quarter of 2018 financial highlights include:
- Total revenue of $47.8 million, up 5% year-over-year
- GAAP net loss per share of $(0.01); non-GAAP net income per share of $0.20
- GAAP net loss of $(0.2) million; Adjusted EBITDA of $8.4 million
- Deferred revenue and backlog of $117.2 million as of September 30, 2018
- Cash, cash equivalents and short-term investments of $215.0 million as of September 30, 2018
GUIDANCE:
Vocera Communications, Inc. sees FY2018 EPS of $0.41-$0.54, versus the consensus of $0.41. Vocera Communications, Inc. sees FY2018 revenue of $177-182 million, versus the consensus of $179.8 million.
For earnings history and earnings-related data on Vocera Communications, Inc. (VCRA) click here.