Vonage (VG) Tops Q4 EPS by 1c, Revenues Beat; Offers Q1 & FY20 Revenue Guidance Below Consensus

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Go back to Vonage (VG) Tops Q4 EPS by 1c, Revenues Beat; Offers Q1 & FY20 Revenue Guidance Below Consensus

Vonage Reports Fourth Quarter and Full-Year 2019 Financial Results

February 18, 2020 7:01 AM EST

Fourth Quarter 2019 GAAP Highlights:

Business Service Revenues of $196 Million, a 32% Year-Over-Year IncreaseAPI Platform Revenues Increased 50%Applications Mid-market and Enterprise Growth Accelerated to 14%Income from Operations of $4 Million and Adjusted OIBDA of $44 millionAnnouncing Strategic Review of Consumer Segment

HOLMDEL, N.J., Feb. 18, 2020 (GLOBE NEWSWIRE) -- Vonage Holdings Corp. (Nasdaq: VG), a global business cloud communications leader, today announced results for the quarter and full year ended December 31, 2019.

In 2019, we took a number of decisive actions to enable... More