Vonage Reports Second Quarter 2020 Financial Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/21/2026

1. SPCX
2. NVDA
3. NFLX
4. ISRG
5. SMCI
6. GOOGL
7. RTX
8. COF
9. TSLA
10. CRWV

Go back to Vonage Reports Second Quarter 2020 Financial Results

Vonage (VG) Reports In-Line Q2 EPS, Revenues Beat; Raises 3Q & FY20 Revenue Guidance Above Consensus

August 6, 2020 7:14 AM EDT

Vonage (NASDAQ: VG) reported Q2 EPS of $0.04, in-line with the analyst estimate of $0.04. Revenue for the quarter came in at $311 million versus the consensus estimate of $296.54 million.

Second Quarter 2020 Highlights:

Consolidated Revenues of $311 millionBusiness Segment Revenues of $226 millionBusiness Service Revenues of $212 million, an 18% IncreaseAPI Platform Revenues Increased 32%Unified Communications & Contact Center Applications Service Revenues Increased 7%Net Loss of $8 Million and Adjusted EBITDA of $42 million

We executed well in the second quarter and delivered strong financial results, said Rory Read,... More