Last $3.45 USD
Change Today -0.05 / -1.43%
Volume 448.8K
As of 11:19 AM 11/26/14 All times are local (Market data is delayed by at least 15 minutes).

vonage holdings corp (VG) Snapshot

Open
$3.51
Previous Close
$3.50
Day High
$3.54
Day Low
$3.42
52 Week High
02/27/14 - $4.96
52 Week Low
12/17/13 - $3.08
Market Cap
708.9M
Average Volume 10 Days
861.4K
EPS TTM
$0.08
Shares Outstanding
205.5M
EX-Date
--
P/E TM
41.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for VONAGE HOLDINGS CORP (VG)

vonage holdings corp (VG) Related Businessweek News

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vonage holdings corp (VG) Details

Vonage Holdings Corp. provides communications services that connect individuals through cloud-connected devices worldwide. The company offers voice and messaging services through session initiation protocol based voice over Internet protocol network. It provides home telephone replacement services to residential customers through various service plans with a range of basic features, including voicemail, call waiting, call forwarding, and caller ID with name, as well as area code selection, virtual phone number, and Web-enabled voicemail. The company’s primary residential product comprise Vonage World plan, which offers local calling; calling to landline phones in various cities and locations in approximately 60 countries; and calling to mobile phones. It also offers mobile services, including Vonage Mobile, a mobile application that provides free calling and messaging between users who have the application, as well as international calling to approximately 200 countries to other phone; and Vonage-enabled devices that facilitate customers to use the Internet connection for their computers and telephones at the same time. The company sells its products through Web, and through regional and national retailers. As of February 26, 2014, it had approximately 2.5 million subscriber lines. Vonage Holdings Corp. was incorporated in 2000 and is headquartered in Holmdel, New Jersey.

1,258 Employees
Last Reported Date: 11/5/14
Founded in 2000

vonage holdings corp (VG) Top Compensated Officers

Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $791.1K
President of Vonage Business Solutions
Total Annual Compensation: $40.6K
Chief Legal Officer and Secretary
Total Annual Compensation: $486.0K
Chief Marketing Officer
Total Annual Compensation: $398.0K
Compensation as of Fiscal Year 2013.

vonage holdings corp (VG) Key Developments

Vonage Holdings Corporation Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Earnings Guidance for the Full Year of 2014

Vonage Holdings Corporation announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenue of $214,737,000 against $203,984,000 a year ago. Income from operations was $11,637,000 against $9,223,000 a year ago. Income before income tax expense was $9,992,000 against $7,796,000 a year ago. Net income attributable to company was $4,556,000 against $4,207,000 a year ago. Diluted earnings per share were $0.02 against $0.02 a year ago. Net cash provided by operating activities was $27,764,000 against $23,550,000 a year ago. Capital expenditures were $4,137,000 against $1,205,000 a year ago. Adjusted EBITDA was $29,961,000 against $23,268,000 a year ago. Free cash flow was $21 million, up from $18 million sequentially and up from $20 million in the year-ago quarter, driven by higher EBITDA. Net income attributable to the company excluding adjustments was $13,948,000 or $0.06 per diluted share against $8,698,000 or $0.04 per diluted share a year ago. Adjusted EBITDA result reflects the strong cash flow generation capacity of the company's consumer business. The primary drivers of the change in EBITDA were a reduction in sales and marketing expense, Joe will discuss in more detail in a moment, and lower cost of telephony services, or COTS, offset by lower consumer revenues. Year-over-year increase in net income was driven by higher EBITDA. For the nine months, the company reported revenue of $654,352,000 against $617,847,000 a year ago. Income from operations was $33,975,000 against $45,713,000 a year ago. Income before income tax expense was $28,964,000 against $41,152,000 a year ago. Net income attributable to company was $14,662,000 against $24,701,000 a year ago. Diluted earnings per share were $0.07 against $0.11 a year ago. Net cash provided by operating activities was $61,233,000 against $52,154,000 a year ago. Capital expenditures were $7,236,000 against $7,008,000 a year ago. Adjusted EBITDA was $88,846,000 against $84,339,000 a year ago. Net debt was $41,982,000 against $50,093,000 a year ago. Net income attributable to the company excluding adjustments was $41,081,000 or $0.19 per diluted share against $42,054,000 or $0.19 per diluted share a year ago. The company now expects 2014 adjusted EBITDA to be in the $117 to $119 million range based on its strong performance year-to-date and its continued focus on improving its cost structure.

Vonage Holdings Corporation to Report Q3, 2014 Results on Nov 05, 2014

Vonage Holdings Corporation announced that they will report Q3, 2014 results at 10:00 AM, US Eastern Standard Time on Nov 05, 2014

Vonage Holdings Corporation, Q3 2014 Earnings Call, Nov 05, 2014

Vonage Holdings Corporation, Q3 2014 Earnings Call, Nov 05, 2014

 

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Industry Analysis

VG

Industry Average

Valuation VG Industry Range
Price/Earnings 42.6x
Price/Sales 0.9x
Price/Book 2.2x
Price/Cash Flow 11.0x
TEV/Sales 0.6x
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