Vonage (VG) Announces Update on Strategic Review of Consumer Segment, Terminates Sale Process

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Vonage (VG) PT Raised to $16 at Needham & Company

February 19, 2021 5:58 AM EST

Needham & Company analyst Richard Valera raised the price target on Vonage (NASDAQ: VG) to $16.00 (from $15.00) while maintaining a Buy rating.

The analyst comments "VG's solid beat and raise 4Q20 print was overshadowed by the company's decision to retain its Consumer business after a strategic... More

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

February 18, 2021 7:13 AM EST

Vonage (NASDAQ: VG) reported Q4 EPS of $0.02, $0.03 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $323 million versus the consensus estimate of $316.16 million.

GUIDANCE:

Vonage sees Q1 2021 revenue of $314-318 million.

Vonage Communication Platform revenues in the range... More