Vocera Communications (VCRA) Beats Q2 Earnings and Revenue Estimates
Quarterly Results
Earnings per share were up 42.86% year over year to $0.10, which beat the estimate of ($0.05).
Revenue of $47,347,000 rose by 5.78% from the same period last year, which beat the estimate of $40,420,000.
Guidance
Vocera Communications hasn't issued any earnings guidance for the time being.
Vocera Communications hasn't issued any revenue guidance for the time being.
This quarterly report represents an earnings surprise of 242.86%.
posted revenues of $47.35 million for the quarter ended June 2020, surpassing the Zacks Consensus Estimate by 18.24%
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's
commentary on the earnings call.
finance.yahoo.com/ne...ights-201634265.html
finance.yahoo.com/ne...ts-q2-213509013.html
The chief executive added that communications technology is increasingly being viewed as a critical part of personal protective equipment (PPE) for front-line workers.
Vocera is seeing strong demand for its offerings, such as its Smartbadge device that provides hands-free communications, as healthcare workers combat the coronavirus.
Vocera is entering the second half of 2020 with "a record software backlog" and a "relatively full slate of deployments"
www.fool.com/investi...yrocketed-today.aspx
Quarterly Results
Earnings per share were up 42.86% year over year to $0.10, which beat the estimate of ($0.05).
Revenue of $47,347,000 rose by 5.78% from the same period last year, which beat the estimate of $40,420,000.
Guidance
Vocera Communications hasn't issued any earnings guidance for the time being.
Vocera Communications hasn't issued any revenue guidance for the time being.
This quarterly report represents an earnings surprise of 242.86%.
posted revenues of $47.35 million for the quarter ended June 2020, surpassing the Zacks Consensus Estimate by 18.24%
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's
commentary on the earnings call.
finance.yahoo.com/ne...ights-201634265.html
finance.yahoo.com/ne...ts-q2-213509013.html
The chief executive added that communications technology is increasingly being viewed as a critical part of personal protective equipment (PPE) for front-line workers.
Vocera is seeing strong demand for its offerings, such as its Smartbadge device that provides hands-free communications, as healthcare workers combat the coronavirus.
Vocera is entering the second half of 2020 with "a record software backlog" and a "relatively full slate of deployments"
www.fool.com/investi...yrocketed-today.aspx
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