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Vonage posts Q1 loss on acquisition costs, revenues up 10%

Wednesday 8 May 2019 | 13:51 CET | News
Vonage reported a net loss of USD 1 million for the first quarter, down from net income of USD 25 million a year earlier due to extra costs for recent acquisitions. Revenues were still up 10 percent to USD 280 million, while adjusted EBITDA fell to USD 32 million from USD 42 million. The company said it was a solid start to the year, putting it on track to achieve its full-year guidance. 

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Categories: Fixed
Companies: NewVoiceMedia / Vonage
Countries: United States
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