FBN Securities Upgrades Vonage (VG) to Outperform
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Oppenheimer Cuts Price Target Following Vonage's (VG) 'Messy' 4Q
February 12, 2016 10:21 AM ESTOppenheimer maintained an Outperform rating on Vonage (NYSE: VG), and cut the price target to $6.50 (from $8.00), following the company's 4Q earnings report. VG reported in-line results in a "messy" quarter, as the acquisition of Icore and the termination of Basic Talk, hurt revenue guidance for 2016. Consolidated revenue of $230M, was below... More
Vonage (VG) Tops Q4 EPS by 1c
February 11, 2016 8:23 AM ESTVonage (NYSE: VG) reported Q4 EPS of $0.06, $0.01 better than the analyst estimate of $0.05. Revenue for the quarter came in at $230 million versus the consensus estimate of $229.13 million.
GUIDANCE:
Vonage sees FY2016 revenue of $905-920 million, versus the consensus of $936.2... More
