Vonage earnings

 

Vonage, Yes, Vonage, Ekes Out a Real Profit

Vonage Holdings Corp.’s (VG) push to lower costs while marketing its international calling plans seems to be working. For the first time in its nine-year history, the VoIP service provider reported a net income from operations. In May 2009, the company managed to profit on a fluke, one-time gain, but this quarter’s results come from […]

Vonage, Despite Rollouts, Still Bleeding Money, Users

Vonage Holdings Corp. (VG) stocks dived more than 18 percent in Wednesday morning trading after the VoIP company posted a giant third-quarter loss. Vonage is fighting an uphill battle against cable operators and telecom providers that sell digital phone service in Internet and pay-TV bundles. It also faces stiff competition from wireless carriers that keep rolling […]

Vonage Subscribers Go AWOL, Shares Plummet

Vonage Holdings Corp. (VG) on Wednesday reported a second-quarter profit, attributed to cost-cutting, even as it lost 89,000 net subscribers. The New Jersey-based VoIP service provider posted net income of $2.3 million, compared to losses of $6.9 million a year earlier. Still, customers cut the broadband phone cord as many opted instead for all-cellphone use, an […]

Vonage Profits on a Fluke Gain

VoIP provider Vonage Holdings Corp. (VG) on Thursday reported a profit, but before investors get too excited (although it’s too late for that – Vonage’s stock skyrocketed for the first time in a long time on the income news), it’s important to note it was a fluke. The profit stemmed from a one-time gain. On the […]

Vonage Losses, Subscriber Cancellations Increase

Vonage Holdings Corp. (VG) appears to have lost its hold on investors. There was a day when an earnings reports from the VoIP service provider spawned dozens of news articles and blog postings. But that day has come and gone. Evidence? Vonage today reported its fourth-quarter financials to a virtually empty room. A mere three news […]

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