Last $4.54 USD
Change Today 0.00 / 0.00%
Volume 682.2K
VG On Other Exchanges
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As of 2:36 PM 03/5/15 All times are local (Market data is delayed by at least 15 minutes).

vonage holdings corp (VG) Snapshot

Open
$4.54
Previous Close
$4.54
Day High
$4.57
Day Low
$4.51
52 Week High
02/25/15 - $4.69
52 Week Low
10/13/14 - $3.10
Market Cap
956.8M
Average Volume 10 Days
1.4M
EPS TTM
$0.10
Shares Outstanding
211.2M
EX-Date
--
P/E TM
47.6x
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 unified communications as a service solutions connecting people through cloud-connected devices worldwide. The company offers home telephone replacement services to residential customers through various service plans with basic features, such as voicemail, call waiting, call forwarding, simulring, visual voicemail, and extensions, as well as area code selection, virtual phone number, and Web-enabled voicemail. Its primary residential offering includes Vonage World that offers unlimited domestic calling; calling to landline phones in approximately 60 countries; calling to mobile phones in various countries; and voicemail with Vonage Visual Voicemail. The company also provides 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 other phone in approximately 200 countries; and Vonage-enabled devices, which allow customers to use the Internet connection for their computer and telephones at the same time. In addition, it offers various services, including basic dial tone to services comprising call queue, conferencing, call groups, CRM integration, and detailed analytics, as well as Vonage Business Solutions services. Further, the company provides high-speed broadband Internet service that allows calls over the Internet either from a telephone through a Vonage-enabled device, or through soft phone software, or mobile client applications. It sells its products through in-bound telemarketing and online direct sales; and regional and national retailers for consumers and businesses in the United States, the United Kingdom, and Canada. As of December 31, 2014, the company had approximately 2.5 million subscriber lines. Vonage Holdings Corp. was incorporated in 2000 and is headquartered in Holmdel, New Jersey.

1,400 Employees
Last Reported Date: 02/13/15
Founded in 2000

vonage holdings corp (VG) Top Compensated Officers

Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $791.1K
Chief Legal Officer and Secretary
Total Annual Compensation: $486.0K
Strategic Advisor of Business Services
Total Annual Compensation: $40.6K
Compensation as of Fiscal Year 2013.

vonage holdings corp (VG) Key Developments

Vonage Holdings Corporation Announces Unaudited Consolidated Financial Results for the Fourth Quarter and Audited Consolidated Financial Results for the Year Ended December 31, 2014; Provides Financial Guidance for the Fiscal Year 2015

Vonage Holdings Corporation announced unaudited consolidated financial results for the fourth quarter and audited consolidated financial results for the year ended December 31, 2014. For the quarter, revenues were $214,601,000 against $211,220,000 a year ago. Income from operations was $13,832,000 against $6,636,000 a year ago. Income before income tax expense was $12,243,000 against $4,843,000 a year ago. Net income attributable to the company was $5,604,000 or $0.03 per basic and diluted share against $3,588,000 or $0.02 per basic and diluted share a year ago. Net cash provided by operating activities was $31,309,000 against $36,089,000 a year ago. Adjusted EBITDA was $34,823,000 against $25,175,000 a year ago. Net income attributable to Vonage excluding adjustments was $18,547,000 or $0.09 per diluted share against $9,680,000 or $0.04 per basic and diluted share a year ago. Capital expenditures were $5,200,000 against $2,881,000 a year ago. Free cash flow was $24,259,000 compared with $29,667,000 a year ago. For the year, revenues were $868,953,000 against $829,067,000 a year ago. Income from operations was $47,807,000 against $52,349,000 a year ago. Income before income tax expense was $41,207,000 against $45,995,000 a year ago. Net income attributable to the company was $20,266,000 or $0.09 per basic and diluted share against $28,289,000 or $0.13 per basic and diluted share a year ago. Net cash provided by operating activities was $92,542,000 against $88,243,000 a year ago. Adjusted EBITDA was $123,669,000 against $109,514,000 a year ago. Net income attributable to the company excluding adjustments was $59,628,000 or $0.27 per diluted share against $51,734,000 or $0.23 per diluted share a year ago. Capital expenditures were $12,436,000 against $9,889,000 a year ago. Net debt as on December 31, 2014 was $119,242,000 against $50,093,000 as on December 31, 2013. Free cash flow for the year was $68,287,000 compared with $66,063,000 a year ago. For 2015, the company expects total revenue to be in the range of $850 million to $865 million. The company expects adjusted EBITDA to be at least $135 million. This revenue and EBITDA outlook reflects a disciplined approach to Consumer customer lifetime value and includes significant growth from and material investment into VBS and Telesphere as the company continues to drive growth and scale its infrastructure in the UCaaS sector. The revenue guidance does not include the impact of potential acquisitions, which are an important component of the company's strategy. Based on its current acquisition pipeline, in 2015 the company expects to complete one or more acquisitions, which would be accretive to revenue.  The company expects 2015 capital expenditures and software development of approximately $30 million.

Vonage Holdings Corporation Announces Board Changes

On February 4, 2015, Michael Krupka, a director of Vonage Holdings Corp. since 2007, notified the company that he has decided to leave the Board of Directors, effective at the close of business on the day after the filing of the company's Annual Report on Form 10-K for the 2014 fiscal year. Mr. Krupka's decision to resign did not result from any disagreement with the company. The company announced that John Roberts, a director of the company since 2004, has been named Lead Independent Director of the Board, a position that had been held by Mr. Krupka since 2010. In addition, on February 4, 2015, Morton David, a director of the company since 2001, notified the company that he has decided not to stand for re-election at the 2015 Annual Meeting of shareholders. Mr. David's decision not to stand for re-election did not result from any disagreement with the company. On February 4, 2015, the Compensation Committee of the Board of Directors of the company unanimously approved metrics and weightings with respect to annual bonuses for 2015 that will be payable, if and to the extent earned, in 2016. The purpose of the company's annual bonuses is to (i) promote the interests of the company and its stockholders by incentivizing employees to achieve specified business objectives, (ii) foster a culture of innovation and collaboration to align efforts across the business, and (iii) enable the company to attract and retain skilled employees by providing attractive compensation opportunities linked to performance results.

Vonage Holdings Corporation, Q4 2014 Earnings Call, Feb 12, 2015

Vonage Holdings Corporation, Q4 2014 Earnings Call, Feb 12, 2015

 

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Industry Analysis

VG

Industry Average

Valuation VG Industry Range
Price/Earnings 49.4x
Price/Sales 1.1x
Price/Book 2.8x
Price/Cash Flow 13.8x
TEV/Sales 0.9x
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