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Vonage ups guidance after selling hosted infrastructure ops

Tuesday 9 May 2017 | 20:55 CET | News
VoIP provider Vonage has upped its full-year revenue guidance after selling its hosted infrastructure services business. Vonage now expects revenues at USD 966-981 million, from its previous forecast of USD 950-960 million. The company said revenues lifted 7 percent from the year before to USD 243 million. Adjusted OIBDA fell to USD 37 million from 42 million while the net profit slid to USD 6 million from 8 million.

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Categories: Internet
Companies: Vonage
Countries: World
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