preloder

2018 Q3 – Vonage

Current Highlights

  • Total revenues of $262 million, up 3.3%
  • Business revenues of $154 million, up 19%, now at 59% of total
  • Business service revenues of $134 million, up 23%
  • Consumer revenues of $108 million, down 13%, end quarter with 1.3 million subscriber lines
  • Announced and completed acquisition of NewVoiceMedia (430 employees) for $350 million in cash
  • Completed acquisition of TokBox ($33 million)