logo
Share SHARE
FONT-SIZE Plus   Neg

MagicJack VocalTec Issues Q1 Forecast - Quick Facts

MagicJack VocalTec, Ltd. (CALL) said it expects revenue, net income and earnings per share for the first quarter of 2012 to be approximately $37.4 million, $7.8 million and $0.37 respectively, before any adjustments. Excluding adjustments, the company expects to earn around $0.26 per share.

Analysts polled by Thomson Reuters expected the company to earn $0.13 per share on revenues of $35.67 million for the quarter. Analysts' estimates typically exclude special items.

Further, the company said it plans to resume its share buyback program. Also, MagicJack VocalTec confirmed that longtime director Gerald Vento has been appointed as chairman.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
International Business Machines Corp. said Monday after the markets closed that its first quarter profit fell 2.4% from last year, as improved margins could not offset a 12% decrease in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations, but its quarterly revenue fell short of analysts' forecast. Norway is all set to shut down FM radio in 2017, Radio.no reported. The Nordic country will be the first to scrap as it plans a shift to Digital Audio Broadcasting. The trailer of Star Wars: The Force Awakens, the latest installment from epic space film franchisee created by George Lucas, has sent both fans and Disney investors into a frenzy. Walt Disney Co.'s (DIS) market capitalization, which now owns the Star Wars franchisee, was boosted by about $2 billion...
comments powered by Disqus
Follow RTT