Vonage (VG) Misses Q4 EPS by 3c, Revenue Beats, Offers Guidance

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Vonage Reports Fourth Quarter and Full-Year 2020 Financial Results

February 18, 2021 7:00 AM EST

Fourth Quarter 2020 Highlights:

Consolidated Revenues of $323 millionVonage Communications Platform (VCP) Revenues of $245 millionVCP Service Revenues increased 17%API Revenues Increased 33%Unified Communications & Contact Center Service Revenues Increased 4%Consolidated Net Loss of $14 Million and Adjusted EBITDA of $48 million

HOLMDEL, N.J., Feb. 18, 2021 (GLOBE NEWSWIRE) -- Vonage Holdings Corp. (Nasdaq: VG), a global leader in cloud communications helping businesses accelerate their digital transformation, today announced results for the quarter and full year ended December 31, 2020.

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