Vocera Communications (VCRA) Announces Quarterly Results
Vocera Communications (NASDAQ:VCRA) posted its quarterly earnings results on Thursday. The company reported ($0.14) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.15) by $0.01, AnalystRatings.NET reports. The company had revenue of $24.67 million for the quarter, compared to the consensus estimate of $24.19 million. During the same quarter in the prior year, the company posted ($0.07) earnings per share. The company’s quarterly revenue was up 10.1% on a year-over-year basis. Vocera Communications updated its Q2 guidance to ($0.14)-($0.11) EPS and its FY14 guidance to ($0.28)-($0.10) EPS.
Shares of Vocera Communications (NASDAQ:VCRA) traded down 2.10% on Thursday, hitting $14.93. The stock had a trading volume of 336,365 shares. Vocera Communications has a 52 week low of $11.99 and a 52 week high of $19.91. The stock’s 50-day moving average is $15.77 and its 200-day moving average is $16.61. The company’s market cap is $372.6 million.
A number of research firms have recently commented on VCRA. Analysts at TheStreet downgraded shares of Vocera Communications from a “hold” rating to a “sell” rating in a research note on Monday, March 17th. On a related note, analysts at Avondale Partners initiated coverage on shares of Vocera Communications in a research note on Thursday, February 27th. They set a “market perform” rating on the stock. Finally, analysts at B. Riley initiated coverage on shares of Vocera Communications in a research note on Tuesday, February 18th. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $18.80.
Vocera Communications, Inc (NASDAQ:VCRA) is a provider of mobile communication solutions.
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