Vonage (VG) Scheduled to Post Earnings on Thursday
Vonage (NYSE:VG) is set to issue its quarterly earnings data before the market opens on Thursday, February 21st. Analysts expect the company to announce earnings of $0.06 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.
NYSE:VG opened at $9.73 on Thursday. The company has a current ratio of 0.75, a quick ratio of 0.74 and a debt-to-equity ratio of 0.37. The firm has a market cap of $2.33 billion, a P/E ratio of 34.75, a price-to-earnings-growth ratio of 7.80 and a beta of 0.59. Vonage has a twelve month low of $7.91 and a twelve month high of $14.73.
In other news, Director Jeffrey A. Citron sold 233,332 shares of the business’s stock in a transaction dated Tuesday, November 27th. The shares were sold at an average price of $10.69, for a total value of $2,494,319.08. Following the completion of the sale, the director now owns 8,553,862 shares of the company’s stock, valued at approximately $91,440,784.78. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jeffrey A. Citron sold 500,000 shares of the business’s stock in a transaction dated Thursday, November 29th. The stock was sold at an average price of $10.67, for a total transaction of $5,335,000.00. Following the completion of the sale, the director now directly owns 8,553,862 shares of the company’s stock, valued at approximately $91,269,707.54. The disclosure for this sale can be found here. Insiders sold a total of 1,433,330 shares of company stock worth $14,243,967 in the last quarter. 8.70% of the stock is currently owned by company insiders.
Vonage Holdings Corp. provides communications services connecting people through cloud-connected devices worldwide. It offers various business services, including basic dial tone, call queue, conferencing, call groups, mobile functionality, CRM integration, and detailed analytics, as well as Vonage Business Cloud and Vonage Enterprise services.
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