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Vonage Holdings Corp. (VG)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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12.91+0.23 (+1.81%)
At close: 4:00PM EST
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  • k
    karlo
    @wookie
    This is actually perhaps the biggest deal they have ever signed for call centers because Fisher & Paykel is part of the Haier Corporation. Haier is the number one brand globally in major appliances for 10 consecutive years from 2009–2018 ... In 2019, Haier had revenues of $ 28 billion. Haier Smart Home, has seven global brands - Haier, Casarte, Leader, GE Appliances, Fisher & Paykel, Aqua, Hoover and Candy.
  • J
    Joseph
    Amazing how we sign all these new deals and we barely move, but everyday watch Twillio explode. I have nothing else to offer this chat room.
  • A
    AndreC
    Citi adds Vonage to '90-day Catalyst Watch list Citi analyst Michael Rollins raised the firm's price target on Vonage to $15 from $14.50 and keeps a Buy rating on the shares. The analyst also added the shares to Citi's "90-day Catalyst Watch list." Favorable business revenue growth combined with the divestiture of the consumer business should provide catalysts to close the valuation gap with peers, Rollins tells investors in a research note.
  • B
    Bronson
    Has anyone actually read Rosenblatt Securities analysis on Vonage? I’m very curious to know why they claim it’s just a Hold with $12 price target. I’m not paying them to find out. Other analysts are at least $2 higher in their assessments of the company.
  • k
    karlo
    Mad Money" host Jim Cramer Vonage: "I've liked Vonage for a long time. It's only just recently started to work."
  • B
    Bronson
    Jeffrey A Citron, a director of Vonage Holdings Corp., recently disposed of 100,000 shares of the company. The disposals took place at $12.14 per share, on November 05, 2020. Citron still owns 9,594,052 shares of the company. Citron operates out of Holmdel, NJ. Some additional info was provided as follows:
    Sale was made pursuant to a trading plan under Rule 10b5-1 under the Securities and Exchange Act of 1934, as amended, which was adopted on August 19, 2020, and reflects the advice of estate planning advisors with respect to trusts for Mr. Citron's children.
  • p
    pisonpb
    Gotta love it..good earnings, no ones cares, stock back down to almost pre earnings prices
  • A
    AndreC
    Michael Latimore Northland Securities Buy 11/06/20 $16.00
    Ryan MacWilliams Stephens Buy 11/06/20 $16.00
    Timothy Horan Oppenheimer Buy 11/05/20 $14.00
    Richard Valera Needham Buy 11/05/20 $15.00
  • B
    Bronson
    The Company is nearing completion of the strategic review of its Consumer segment and has engaged advisors to proceed with its potential sale. The marketing process is expected to begin in November 2020. The Company will provide an update once a buyer is identified or at the completion of the process.
  • J
    Joseph
    They need to sell the Consumer Business for a good amount of money to cover their debt. Once that happens we should see a big run on this stock. If that doesn't work I have no other remedies. They are signing up deals everyday and when I see these other competitor's running up with bad earnings I have no explanation?
  • P
    Peter
    This piece of you-know-what can't even hold $13. Management's constant hemming and hawing and blathering about the alleged sale of the consumer business is idiotic. Who takes years to sell an asset like this? The more they delay, the less it's worth, and the less the stock is worth. Maybe Citron can sell a few more shares.
  • P
    Peter
    Good quarter. Congrats to Rory Read and his team.
  • k
    karlo
    Stephens analyst Ryan MacWilliams maintained a Buy rating on Vonage Holdings (NASDAQ:VG) on Friday, setting a price target of $15, which is approximately 18.48% above the present share price of $12.66.
  • J
    Joseph
    I'm hoping all the deals like Domino's at the end of the second quarter will make a difference tomorrow. If not after 6 years I may finally look to invest elsewhere. I'm praying for a break after being a loyal investor. Good Luck again to all you patient longs!
  • A
    AndreC
    Vonage and Evolutio Announce Strategic Partnership, Offer Vonage Contact Center to Companies Throughout Spain
    8:30 AM ET 11/12/20 | Dow Jones

    HOLMDEL, N.J., Nov. 12, 2020 /PRNewswire/ -- Vonage (Nasdaq: VG), a global leader in cloud communications helping businesses accelerate their digital transformation, has announced a strategic reseller partnership of Vonage Contact Center with Evolutio, a leading provider of cloud-based services across Spain.

    This agreement reinforces Evolutio's position as a leading independent cloud-based service provider in the region. Partnering with Vonage enables Evolutio to seamlessly sell, deploy, and implement contact centers that meet today's critical need for organisations of all sizes to ensure business continuity across functions, and to seamlessly enable agents to work from anywhere - in an office, at home, or even mobile.

    "Evolutio is pleased to announce this partnership with Vonage," said Jacinto Cavestany, CEO at Evolutio. "Adding the award-winning Vonage Contact Center into our portfolio will help our customers to accelerate their digital transformation by providing enormous flexibility and ensuring business continuity. We are sure our knowledge, reach and assets throughout Spain and the surrounding markets are the perfect match for making it all possible."

    The partnership with Vonage will allow Evolutio to continue selling, implementing and servicing all of its current and future customers by offering them the Vonage Contact Center deeply integrated into Salesforce CRM and ServiceNow CSM solutions. This provides businesses with the ability to innovate the way they engage with their customers in real time, anywhere in the world, through their preferred channels.

    "It is critical for organizations of all sizes to ensure business continuity, seamlessly enable remote delivery of services, and provide differentiated customer experiences," said Rodolpho Cardenuto, President, Vonage Applications Group. "The ability to enable this kind of connection and innovation is the value Vonage brings, and we're excited to partner with Evolutio to offer the Vonage Contact Center to businesses throughout Spain and make it easy for businesses to build the personalised, integrated, immediate and intuitive communication experiences that today's customers expect."
  • B
    Bronson
    From the 10Q under Recent Significant Events, the company initiated a reduction in workforce..., in addition, the company abandoned a portion of one of its leased facilities. These actions are expected to reduce operating expenses by $50M annually. Wow! What did they close? Maybe Newvoicemedia facility in the UK?
  • J
    Joseph
    Now we need substantial upgrades and maybe now it will go up after the companies positive earnings. I stated before that Vonage is profitable and Twillio and other companies with higher stock prices are not!
  • P
    Peter
    Very weak even as the market explodes higher. I guess everyone is expecting another Rory Read debacle on Thursday.
  • k
    karlo
    rumors that about Slack and Salesforce... "That would be Salesforce's biggest acquisition yet. Slack's market capitalization is $16.9B.
    There's no guarantee the talks would result in a deal, sources tell DJ, and Salesforce could ultimately settle on a different target...