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Vonage lifts FY guidance after better-than-expected Q3, to raise investments in AI, new markets

Thursday 5 November 2020 | 14:55 CET | News
Vonage said revenues for Q3 advanced to USD 317 million from 302 million the year before, with the net loss narrowing to USD 10 million or USD 0.04 per share, from a loss of 21 million and 0.09 per share. The adjusted EBITDA meanwhile declined to USD 42 million from 45 million. The free cash flow was at breakeven while net debt totaled 3.2 times annual adjusted EBITDA. 

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Categories: Fixed
Companies: Vonage
Countries: World
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