Vocera Communications Inc (VCRA) Releases Earnings Results, Beats Expectations By $0.04 EPS

Vocera Communications Inc (VCRA) reported quarterly earnings results on Thursday, Jul-28-2016. The company said it had a profit of $0.02 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.04. Analysts had a consensus of $-0.02. The company posted revenue of $31.10 million in the period, compared to analysts expectations of $27.91 million. The company’s revenue was up 22.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.09 EPS.

Many Wall Street Analysts have commented on Vocera Communications Inc. Raymond James Initiated Vocera Communications Inc on Jul 14, 2016 to “Outperform”, Price Target of the shares are set at $16.50.

Vocera Communications Inc closed down -0.02 points or -0.15% at $13.57 with 67,922 shares getting traded on Thursday. Post opening the session at $13.59, the shares hit an intraday low of $13.4101 and an intraday high of $13.81 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

In a different news, on Jul 14, 2016, Jay Spitzen (Counsel, Secretary) sold 1,200 shares at $14.00 per share price. According to the SEC, on Jul 7, 2016, Brent D. Lang (President & CEO) sold 2,000 shares at $13.02 per share price. On May 3, 2016, Paul T Johnson (EVP OF SALES & SERVICES) sold 4,000 shares at $11.76 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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