magicJack VocalTec (CALL) Tops Q1 EPS by 5c

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magicJack Reports First Quarter 2017 Financial Results

May 10, 2017 4:15 PM EDT

Total net revenues of $23.2 million, access rights renewal revenues were $13.5 millionGAAP operating loss of $34.5 million, adjusted EBITDA of $4.2 millionGAAP diluted EPS of ($1.44), non-GAAP diluted EPS of $0.21Cash and cash equivalents of $48.3 and no debt as of March 31, 2017

WEST PALM BEACH, Fla. and NETANYA, Israel, May 10, 2017 (GLOBE NEWSWIRE) -- magicJack VocalTec Ltd. (Nasdaq: CALL), a leading VoIP cloud-based communications and UCaaS company, today announced financial results for the first quarter ended March 31, 2017.

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