Published on 5 May 2022 on Zacks via Yahoo Finance
Vonage Holdings (VG) Reports Q1 Loss, Misses Revenue Estimates
Vonage Holdings (VG) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of $0.04. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -150%. A quarter ago, it was expected that this provider of phone services through cloud-connected devices would post earnings of $0.04 per share when it actually produced a loss of $0.01, delivering a surprise of -125%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.