Vonage (VG) Misses Q4 EPS by 3c, Revenue Beats, Offers Guidance
Vonage (NASDAQ: VG) reported Q4 EPS of $0.02, $0.03 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $323 million versus the consensus estimate of $316.16 million.
GUIDANCE:
Vonage sees Q1 2021 revenue of $314-318 million.
Vonage Communication Platform revenues in the range of $240 million to $244 million
- Vonage Communication Platform service revenues are expected to grow 16% to 18%.
- Consumer revenues in the $75 million range.
- Consolidated revenues in the range of $314 million to $318 million.
- Vonage Communication Platform adjusted EBITDA in the ($7) million to ($3) million range.
- Consumer adjusted EBITDA in the $49 million range.
- Consolidated Adjusted EBITDA in the range of $42 to $46 million.
- Capex in the $15 million range.
Vonage sees FY2021 revenue of $1.323-1.339 billion.
Vonage Communication Platform segment revenues in the range of $1.038 billion to $1.054 billion; within this:
- Vonage Communication Platform service revenues are expected to grow 15% to 17%.
- Consumer revenues in the $285 million range.
- Consolidated revenues in the range of $1.323 billion to $1.339 billion.
- Vonage Communications Platform adjusted EBITDA in the range of $5 million to $9 million.
- Consumer adjusted EBITDA in the range of $185 million to $189 million.
- Consolidated adjusted EBITDA in the range of $190 million to $200 million.
- Capex in the $60 million range.
For earnings history and earnings-related data on Vonage (VG) click here.
