magicJack Reports First Quarter 2014 Financial Results

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magicJack Communication LTD (CALL) Tops Q1 EPS by 4c; Entes Framework Agreement with Telefonica (TEF)

May 12, 2014 4:07 PM EDT

magicJack Communication LTD (NASDAQ: CALL) reported Q1 EPS of $0.53, $0.04 better than the analyst estimate of $0.49. Revenue for the quarter came in at $35.3 million versus the consensus estimate of $37.18 million.

magicJack Communication LTD sees FY2014 revenue of $158-163 million, versus the consensus of $157.5 million. Adjusted EBITDA for the full year 2014 is projected to be in the range of $48 and $52 million.

magicJack VocalTec Ltd. also announced that it has entered into a Strategic Commercial Agreement with... More