Vocera Communications Inc (VCRA) Releases Earnings Results, Beats Expectations By $0.02 EPS

Vocera Communications Inc (VCRA) reported quarterly earnings results on Thursday, Apr-28-2016. The company said it had a profit of $-0.03 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.02. Analysts had a consensus of $-0.05. The company posted revenue of $26.80 million in the period, compared to analysts expectations of $25.89 million. The company’s revenue was up 12.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.07 EPS.

Many Wall Street Analysts have commented on Vocera Communications Inc. Company shares were Reiterated by Piper Jaffray on Feb 12, 2016 to “Overweight”, Firm has raised the Price Target to $ 19 from a previous price target of $15 .Company shares were Reiterated by FBR Capital on Feb 3, 2016 to “Outperform”, Firm has raised the Price Target to $ 17 from a previous price target of $15 .

Vocera Communications Inc opened for trading at $12.01 and hit $12.29 on the upside on Wednesday, eventually ending the session at $12.16, with a gain of 1.42% or 0.17 points. The heightened volatility saw the trading volume jump to 1,61,928 shares. Company has a market cap of $321 M.

In a different news, on Apr 4, 2016, Jay Spitzen (General Counsel, Secretary) sold 500 shares at $12.89 per share price. According to the SEC, on Apr 4, 2016, Brent D. Lang (President & CEO) sold 2,000 shares at $13.00 per share price. On Mar 3, 2016, Mary Bridget Duffy (CHIEF MEDICAL OFFICER) sold 35,313 shares at $13.87 per share price, according to the Form-4 filing with the securities and exchange commission.

Vocera Communications Inc. is a provider of communication solutions for mobile workers in healthcare hospitality energy education and other industries. The Company’s solutions include the Vocera Communication System Vocera Care Experience Suite and its Experience Innovation Network. Its two operating segments include Product and Service. The Vocera Communication system comprises a software platform that connects communication devices. Vocera Care Experience is a hosted software suite which offers caregivers communication solutions. The experience innovation network is a membership program that partners with healthcare provider organizations. The Company’s services include experience innovation network professional services technical support and Vocera University.

Vocera Communications Inc

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