Vonage Reports Third Quarter 2020 Financial Results

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Go back to Vonage Reports Third Quarter 2020 Financial Results

Vonage (VG) Tops Q3 EPS by 4c, Revenues Beat; Offers 4Q & FY20 Revenue Guidance Above Consensus

November 5, 2020 7:16 AM EST

Vonage (NASDAQ: VG) reported Q3 EPS of $0.07, $0.04 better than the analyst estimate of $0.03. Revenue for the quarter came in at $317 million versus the consensus estimate of $308.26 million.

We executed well in the third quarter and delivered solid results, said Rory Read, Chief Executive Officer. The Vonage Communications Platform, our single global cloud technology platform, delivers our wide range of powerful services and solutions that enable our customers to transform the way they communicate and operate as the world undergoes a secular shift in how business gets done.

Read continued, Vonage Communications Platform service revenues... More