Vonage Holdings Q1 Profit Down

By RTT News, 
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(RTTNews.com) - Vonage Holdings Corporation ( VG ) Thursday reported first-quarter profit of $5 million or $0.02 per share, down from $13 million or $0.06 per share in the same period last year.

Adjusted earnings for the quarter were $13 million or $0.06 per share. On average, five analysts polled by Thomson Reuters expected the company to earn $0.03 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased to $221 million from $209 million last year. Analysts expected revenues of $219.57 million.

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This article appears in: Earnings

Referenced Stocks: TRI , VG

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