An Eye on Earnings Report: Vocera Communications, Inc. (NYSE: VCRA)
On Tuesday, Vocera Communications, Inc. stock identified change of 15.86% away from 52-week low price and recently located move of -51.31% off 52-week high price. It has market worth of $652.48M. VCRA stock has been recorded -13.34% away from 50 day moving average and -30.72% away from 200 day moving average. Moving closer, we can see that shares have been trading -13.05% off 20-day moving average.
Vocera Communications, Inc. (VCRA) recently stated total revenue of $50.8M for the third quarter of 2019, contrast to revenue of $47.8M in the third quarter of 2018.
“The third quarter of 2019 was another solid quarter for Vocera, with good revenue and profitability, and effective progress on our planned goals,” stated Brent Lang, Chairman and Chief Executive Officer of Vocera. “We won eight deals over oneM dollars, including two important wins in our international markets.”
Third quarter of 2019 financial highlights include:
- Total revenue of $50.8M, contrast to $47.8M last year
- GAAP net income per share of $0.01; non-GAAP diluted net income per share of $0.23
- GAAP net income of $0.3M; Adjusted EBITDA of $9.5M
- Deferred revenue and backlog combined of $122.4M as of September 30, 2019
Full Year and Fourth Quarter 2019 Guidance
For the full-year 2019, the Company expects revenue between $176.8M and $181.8M and a GAAP loss per share between $(0.67) and $(0.54). The Company expects non-GAAP net income per share to be between $0.22 and $0.34 and non-GAAP Adjusted EBITDA to be between $15.0M and $19.0M.
For the fourth quarter of 2019, the Company expects revenue between $46.0M and $51.0M and a GAAP loss per share between $(0.15) and $(0.02). The Company expects non-GAAP net income per share to be between $0.08 and $0.20 and non-GAAP Adjusted EBITDA to be between $5.0M and $9.0M.
The Technology sector company, Vocera Communications, Inc. noticed change of 3.54% to $20.74 along volume of 490452 shares in recent session compared to an average volume of 482.18K. The stock observed return of -15.00% in 5 days trading activity. The stock was at -15.86% over one month performance. VCRA’s shares are at -19.21% for the quarter and driving a -40.32% return over the course of the past year and is now at -47.29% since this point in 2018. The average volatility for the week at 5.08% and for month was at 3.64%. There are 31.46M shares outstanding and 30.84M shares are floated in market. Right now the stock beta is 0.26.
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