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

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magicJack Reports First Quarter 2014 Financial Results

May 12, 2014 4:05 PM EDT

Total net revenues of $35.3 million Access rights renewal revenues were $15.4 million, up from $14.8 million in Q413 Generated $14.2 million in operating cash flow, up 120% from Q413 GAAP operating income of $7.6 million, adjusted EBITDA of $11.6 million GAAP diluted EPS of $0.30; non-GAAP diluted EPS of $0.53 Cash, cash equivalents and investments of $67.3 million and no debt Maintaining revenue and profitability guidance for FY14

WEST PALM BEACH, Fla. and JERUSALEM, May 12, 2014 (GLOBE NEWSWIRE) -- magicJack VocalTec Ltd. (Nasdaq:... More