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

Quick Facts

Editors Pick
A federal government agency has outlined proposals to regulate payday loans as part of efforts to curb debt traps and provide reprieve to cash-strapped borrowers, while ensuring credit supply is not hampered. Toyota, world's best-selling car maker, is set to launch a revamped manufacturing system for more efficiency and a sustainable growth. The first medium sized cars from the new Toyota New Global Architecture will be rolled out this year itself and the system will be fully functional by 2020. The co-pilot of the crashed Germanwings plane appears to have intentionally forced the Duesseldorf-bound Airbus into a rapid descent, which eventually led to a crash in the French Alps, French prosecutors said Thursday. At what correspondents described as a "chilling" news conference, Marseille Prosecutor Brice Robin said audio retrieved from Germanwings black box showed that the co-pilot was in
comments powered by Disqus
Follow RTT