Vocera Communications (VCRA) Announces Quarterly Earnings Results
Vocera Communications (NYSE:VCRA) released its quarterly earnings data on Thursday. The communications equipment provider reported $0.29 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.15 by $0.14, Briefing.com reports. Vocera Communications had a negative net margin of 17.42% and a negative return on equity of 15.55%. The firm had revenue of $45.50 million for the quarter, compared to the consensus estimate of $43.72 million. The business’s revenue was up 26.4% on a year-over-year basis. Vocera Communications updated its Q1 guidance to ($0.11)-(0.03) EPS and its FY17 guidance to $0.28-0.48 EPS.
Shares of Vocera Communications (NYSE:VCRA) traded down $1.16 during mid-day trading on Thursday, hitting $26.92. 265,482 shares of the stock traded hands, compared to its average volume of 248,087. The stock has a market capitalization of $813.98, a P/E ratio of -28.04 and a beta of -0.49. Vocera Communications has a 52 week low of $19.48 and a 52 week high of $32.23.
In other news, General Counsel Douglas Alan Carlen sold 2,000 shares of the stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $25.66, for a total value of $51,320.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Brent D. Lang sold 5,000 shares of the stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $28.27, for a total transaction of $141,350.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 70,922 shares of company stock valued at $1,996,487. 6.30% of the stock is currently owned by corporate insiders.
About Vocera Communications
Vocera Communications, Inc is a provider of communication solutions for mobile workers in healthcare, hospitality, energy, education and other industries. The Company’s segments include Product and Service. The Company’s solutions include the Vocera Communication System, Vocera Care Experience, Vocera Engage integration platform, smartphone applications and its Experience Innovation Network.
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