- Adjusted EBITDA(1) Increases to $33 Million -
- Net Income Excluding Adjustments(2) Increases to $5 Million or $0.03 per Share
-
- Vonage World Subscribers Exceed 400,000 -
- Company Reports Revenue of $222 Million -
HOLMDEL, N.J., Nov 04, 2009 /PRNewswire-FirstCall via COMTEX News Network/ —
Vonage Holdings Corp. (NYSE: VG), a leading provider of high-quality voice and
messaging services over broadband networks, today announced results for the
third quarter ended September 30, 2009.
Vonage reported record adjusted earnings before interest, taxes, depreciation
and amortization (”EBITDA”)(1) of $33 million, up from $15 million in the year
ago quarter and $31 million sequentially. This is the eighth consecutive quarter
of record high adjusted EBITDA.
Revenue of $222 million was down 2% year-over-year, and up 1% sequentially.
The Company generated net income, excluding adjustments(2), of $5 million or
$0.03 per share. This is an improvement from a net loss of $8 million in the
third quarter of 2008 and net income, excluding adjustments of $1 million,
sequentially.
See more here:
Vonage Holdings Corp. Reports Third Quarter 2009 Results
February 9th, 2010
HOLMDEL, N.J., Oct 13, 2009 /PRNewswire-FirstCall via COMTEX News Network/ —
Vonage Holdings Corp. (NYSE: VG), a leading provider of broadband telephone
services, will report its financial results for the third quarter ended
September 30, 2009 on Wednesday, November 4, 2009. The earnings release will be
available on Vonage's Investor Relations website at
http://ir.vonage.com.
Management will host a webcast discussion of the quarter's results on
Wednesday, November 4, 2009 at 10:00 AM Eastern Time. To participate, please
dial (877) 723-9523 approximately ten minutes prior to the call. International
callers should dial (719) 325-4828. A replay will be available approximately two
hours after the conclusion of the call until midnight November 18, 2009, and may
be accessed by dialing (888) 203-1112. International callers should dial (719)
457-0820. The replay passcode is: 7345106.
The webcast will be broadcast live through Vonage's Investor Relations
website at http://ir.vonage.com.
Windows Media Player or RealPlayer is required to listen to this webcast. A
replay will be available shortly after the live webcast.
Vonage Holdings Corp. Announces Date of Earnings Release and Conference Call for Third Quarter 2009 Financial Results
February 9th, 2010
-Vonage Mobile Provides International Calling at Low Rates through Wi-Fi and
Cellular Networks-
HOLMDEL, N.J., Oct 05, 2009 /PRNewswire-FirstCall via COMTEX News Network/ —
Today Vonage (NYSE: VG) launched Vonage Mobile, its first mobile calling
application for smartphones. Vonage Mobile is a free downloadable application
(app) that provides seamless, low-cost international calling while on Wi-Fi or
cellular networks*. Once downloaded, the service saves customers more than 50%
on calls to dozens of countries versus the rates charged by wireless carriers
while providing far more convenience than calling cards. Vonage Mobile will be
available for download on the iPhone(R), BlackBerry(R) and iPod touch(R) at
www.vonage.com and the iTunes App
Store later today.
Read the rest here:
Vonage Goes Mobile: First of New Calling Applications Now Available
February 9th, 2010
HOLMDEL, N.J., Sept 28, 2009 /PRNewswire-FirstCall via COMTEX News Network/
– Vonage Holdings Corp. today announced that it received notification from the
New York Stock Exchange (the “NYSE”) that the Company has regained compliance
with the NYSE's continued listing standard for share price.
On October 24, 2008 the Company received notification from the NYSE that the
Company had fallen below the continued listing standard, which requires a
minimum average closing price of $1.00 per share over 30 consecutive trading
days. Vonage regained compliance after its closing share price for the 30
trading days ended September 28, 2009 and its closing price on September 28,
2009 exceeded $1.00.
In addition to regaining compliance with the price listing standard, the
Company continues to follow all NYSE requirements to regain market
capitalization compliance including providing quarterly operational updates to
the NYSE. The NYSE requires average market capitalization of not less than $100
million over a 30 day trading period. The Company's current market
capitalization is $238 million*. The Company could regain compliance either at
the end of the 18 month plan period available or based on two consecutive
quarterly monitoring periods in compliance.
*Based on 176 million shares outstanding as of September 4, 2009 and the
September 25, 2009 closing price of $1.35.
Continued here:
Vonage Holdings Corp. Successfully Regains Compliance with NYSE Minimum Share Price Listing Requirement
February 9th, 2010
HOLMDEL, N.J., Sept 01, 2009 /PRNewswire-FirstCall via COMTEX News Network/
– Vonage (NYSE: VG) has announced that Apple approved its mobile application
for iPhone and iPod Touch. Vonage is currently conducting a beta test and
general availability will be announced at a later date.
Excerpted from:
Vonage Obtains Application Approval for iTunes App Store
February 9th, 2010
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