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News Breaks
February 13, 2013
08:13 EDTVGVonage sees investing $5M-$10M per quarter in growth initiatives in 2013
In 2013, the company said it expects to continue to invest in targeted ethnic segments, commercialize its Basic Talk product line in the U.S., enhance its mobile product offerings, prepare to go to market in Brazil, and pursue other international partnerships. Vonage expects to continue to invest $5M-$10M per quarter in its strategic growth initiatives. The company may choose to increase or reduce the level of quarterly investment depending on the success of its initiatives. Vonage continues to expect new initiatives to generate $100M in annualized revenue by the fourth quarter of 2014. The company expects capital expenditures of $30M-35M in 2013.
News For VG From The Last 14 Days
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July 30, 2015
08:16 EDTVGVonage reports Q2 Consumer Services revenue $173M
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08:15 EDTVGVonage reports Q2 Business revenue $49M
Reports Q2 Business revenue church was 1.3%. Reports Q2 Business ending seats were 403K, reflecting strong organic growth and the addition of Telesphere and SimpleSignal.
08:14 EDTVGVonage reports Q2 adjusted EPS 9c, consensus 7c
Reports Q2 revenue $221.86M, consensus $218.83M.
July 27, 2015
09:52 EDTVGVonage initiated with an Outperform at William Blair
William Blair before the market opened started shares of Vonage with an Outperform rating. The firm sees 40% upside potential given new management's "successful penetration" into the unified-communications-as-a-service market.

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