magicJack VocalTec (CALL) Tops Q3 EPS by 11c
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magicJack VocalTec (NASDAQ: CALL) reported Q3 EPS of $0.37, $0.11 better than the analyst estimate of $0.26. Revenue for the quarter came in at $25.4 million versus the consensus estimate of $25.39 million.
Additional Third Quarter 2015 and Recent Highlights:
- As of September 30, 2015, magicJack had an estimated 2.53 million active MJ subscribers, which are defined as device users that are under an active subscription contract.
- magicJack activated 119,000 subscribers during the third quarter of 2015. Activations are defined as devices that become activated on to a subscription contract during a given period.
- During the quarter ended September 30, 2015, magicJack's average monthly churn was 2.7%.
- During the quarter ended September 30, 2015, magicJack VocalTec Ltd. repurchased 1,074,471 shares of common stock at an average price of $7.83 per share as part of its stock repurchase program.
- Taking into account shares repurchased through October 31, 2015, the company has repurchased a total of over 2.1 million shares at an average price of $8.34, or approximately $17.9 million as of that date.
For earnings history and earnings-related data on magicJack VocalTec (CALL) click here.
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