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February 13, 2013
08:10 EDTVGVonage reports Q4 EPS 10c ex. adjustments, one estimate 6c
Reports Q4 revenue $213.7M, one estimate $212.41M. Reports Q4 average revenue per user was $30.15, up from $29.31 sequentially due primarily to targeted price increases and higher USF and international pay-per-use revenue. Q4 customer churn was 2.5%, flat sequentially and down from 2.7% a year ago.
News For VG From The Last 14 Days
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December 10, 2014
12:39 EDTVGVonage management to meet with SunTrust
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December 9, 2014
17:31 EDTVGVonage receives regulatory clearance for acquisition of Telesphere Networks
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17:30 EDTVGVonage to exit Brazil consumer operations
The company plans to exit the Brazilian market for consumer telephony services and commence the wind down of its joint venture operations in the country. The company intends to begin the wind down immediately and expects to complete the process by the end of the first quarter of 2015. The company expects to avoid material operating losses in Brazil in 2015 and 2016 due to the significant planned incremental investment that would be required to scale the business. In connection with the wind down, the company estimates that it will incur approximately $1M-$2.5M in cash and non-cash charges, respectively, primarily in the fourth quarter of 2014 related to asset write downs, contract terminations and severance-related expenses.
17:28 EDTVGVonage announces new $100M share repurchase plan
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