logo
Share SHARE
FONT-SIZE Plus   Neg

MagicJack VocalTec Anticipates Beating Analyst Estimates For Q1 - Quick Facts

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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
A new species of 'super-armored' worm, almost bizarre beyond description, has been discovered. Good thing this one's no longer around. Stocks moved sharply lower over the course of the trading day on Monday amid continued concerns about Greece and the possibility the debt-laden country will exit the eurozone. With the steep drop on the day, the Dow fell to its lowest closing level in almost five months. The most "American" vehicle isn't Built Ford Tough. It's not in jingles sung by John Mellencamp or Bob Seger, and it probably isn't kickin' up backroads dust somewhere in the Heartland.
comments powered by Disqus
RELATED NEWS
Trade CALL now with 
Follow RTT