Vonage (VG) Misses Q4 EPS by 2c

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Go back to Vonage (VG) Misses Q4 EPS by 2c

Vonage Announces Strong Fourth Quarter and Full Year 2016 Results, Highlighted by 72% Growth in 2016 Vonage Business Revenue

February 14, 2017 7:45 AM EST

HOLMDEL, N.J., Feb. 14, 2017 /PRNewswire/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of cloud communications services for businesses, today announced results for the fourth quarter and full year ended December 31, 2016.

Consolidated Results

"In 2016, we utilized our strong cash flows to invest in our growth, including the strategic acquisition of Nexmo and significant investments in the Vonage Business sales infrastructure," said Vonage CEO Alan Masarek.

"With these investments, we made great progress executing on our transformation and significantly advanced our strategy to become the Clear... More