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.

Several research analysts have weighed in on VCRA shares. Craig Hallum restated a “buy” rating and set a $36.00 price objective on shares of Vocera Communications in a report on Monday, November 27th. Citigroup started coverage on shares of Vocera Communications in a report on Thursday, January 4th. They set a “buy” rating on the stock. Zacks Investment Research upgraded shares of Vocera Communications from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a report on Thursday, December 28th. Cantor Fitzgerald restated a “buy” rating and set a $35.00 price objective on shares of Vocera Communications in a report on Thursday, October 26th. Finally, BidaskClub downgraded shares of Vocera Communications from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 11th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $33.56.

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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.

Earnings History for Vocera Communications (NYSE:VCRA)

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