Breaking News
FONT-SIZE Plus   Neg
Share SHARE

MagicJack VocalTec Anticipates Beating Analyst Estimates For Q1 - Quick Facts

RELATED NEWS
Trade CALL now with 

MagicJack VocalTec, Ltd. (CALL) predicts beating average analyst estimates for first quarter. The company also announced preliminary fourth quarter 2011 estimates.

After reviewing January revenue figures, for first quarter MagicJack predicts more than 20% and 4% upside to average analyst estimates for earnings and revenue respectively. The company's estimates are before any one-time and/or future nonrecurring gains or charges and/or other possible adjustments to revenue and/or earnings.

MagicJack along with its two largest retailers recorded the highest quarterly sales of magicJack units ever.

Revenue and loss per ordinary share for the fourth quarter are expected to be $29.6 million and $0.09 per share, before any one-time and/or nonrecurring gains or charges and/or other adjustments to revenue and/or earnings.

On average, analysts polled by Thomson Reuters expect the company to report loss of $0.11 per share, on revenues of $29.06 million for the fourth quarter. Analysts' estimates typically exclude special items.

Click here to receive FREE breaking news email alerts for magicJack VocalTec Ltd. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Computer and printer maker Hewlett-Packard Co. said Tuesday after the markets closed that its fourth quarter profit fell 6% from last year, as revenue declined 2%. The company's quarterly earnings per share, excluding items, came in line with analysts' expectations, but its quarterly revenue fell short of analysts' forecast. This organic and natural products company has experienced strong compounded annual growth over the last four fiscal years with its net sales growing 25% and adjusted income from continuing operations over 30%. Here is a quick summary of the earnings reported after the bell on Nov. 24. 1. Amira Nature Foods Ltd (ANFI) reported net income for the second quarter of $8.3 million or $0.29 per share, compared to $5.0 million or $0.18 per share for the year-ago quarter. Excluding items, adjusted earnings...
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.