Vonage Holdings Corp. (NYSE:VG) is reporting third quarter financial results on Thursday 5th November 2020, before market open.
According to analysts surveyed by Thomson Reuters, VG is expected to report 3Q20 income of $ 0.03 per share from revenue of $ 308.26 million.
For the full year, analysts anticipate top line of $ 1225.72 million, while looking forward to income of $ 0.14 per share bottom line.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 307.00 million ~ $ 309.00 million
Full Year 2020 topline are forecasted in a range of$ 1,215.00 million ~ $ 1,230.00 million
Click Here For More Historical Outlooks Of Vonage Holdings Corp.
Previous Quarter Performance
Vonage Holdings Corp. revealed income for the second quarter of $ 0.04 per share, from the revenue of $ 310.53 million. The consensus estimates are income of $ 0.04 per share from $ 296.54 million in revenue. The top line results outshined analysts by $ 13.99 million or 4.72 percent.
Stock Performance
Shares of Vonage Holdings Corp. traded up $ 0.44 or 4.02 percent on Wednesday, reaching $ 11.38 with volume of 2.93 million shares. Vonage Holdings Corp. has traded high as $ 11.48 and has cracked $ 10.78 on the downward trend
The closing price of $ 11.38, representing a 161.72 % increase from the 52 week low of $ 4.18 and a 15.78 % decrease over the 52 week high of $ 12.99.
The company has a market capital of $ 2.79 billion and is part of the Communication Services sector and Telecom Services industry.
Conference Call
Vonage Holdings Corp. will be hosting a conference call at 8:30 AM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.vonage.com
Vonage Holdings Corp. provides cloud communications services for businesses and consumers. It operates through two segments, Business and Consumer.
