Vonage (VG) Reports In-Line Q2 EPS, Updates Guidance

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Go back to Vonage (VG) Reports In-Line Q2 EPS, Updates Guidance

Vonage Business Drives Strong Second Quarter Revenue Growth; TokBox Acquisition Accelerates Growth and Broadens Platform with Leading Global Video API Offering

August 1, 2018 8:02 AM EDT

HOLMDEL, N.J., Aug. 1, 2018 /PRNewswire/ -- Vonage Holdings Corp. (NYSE: VG), a business cloud communications leader, today announced results for the quarter ended June 30, 2018.

Consolidated Results

"Vonage delivered another quarter of strong business growth while executing our transformation into a communications software company," said Vonage CEO Alan Masarek. "Vonage Business service revenue grew 24 percent, driven by strong performance in CPaaS and continued adoption of Vonage Business Cloud. Our strategic focus is to deliver a differentiated, fully programmable communications solution that drives Better Business Outcomes for our... More