Vonage (VG) Tops Q3 EPS by 1c, Revenues Miss; Offers FY18 Revenue Guidance

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Go back to Vonage (VG) Tops Q3 EPS by 1c, Revenues Miss; Offers FY18 Revenue Guidance

Vonage Announces Strong Third Quarter 2018 Results and Completion of NewVoiceMedia Acquisition

November 2, 2018 7:30 AM EDT

HOLMDEL, N.J., Nov. 2, 2018 /PRNewswire/ -- Vonage Holdings Corp. (NYSE: VG), a business cloud communications leader, today announced results for the quarter ended September 30, 2018.

Consolidated Results

"Vonage delivered another strong quarter, as Business service revenues grew 23% and total Business revenues accounted for 59% of consolidated revenues," said Vonage CEO Alan Masarek. "These results underscore the tremendous progress that we are making with the development of our OneVonage technology platform, and in sales and marketing execution within the mid-market and enterprise segments."

For the third quarter of 2018, Vonage reported... More