{ "market" : {"NAME" : "U.S.", "ID" : "us_market", "TZ" : "ET", "TZOFFSET" : "-18000", "open" : "", "close" : "", "flags" : {}} , "STREAMER_SERVER" : "http://streamerapi.finance.yahoo.com","arrowAsChangeSign" : false,"throttleInterval": "1000"}
globenewswire

Beacon Equity Issues Technical Trading Overview for Vonage Holding Corp.

  • Press Release
  • Source: Beacon Equity
  • On 6:50 am EDT, Monday September 28, 2009

DALLAS, Sept. 28, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring Vonage Holding Corp. (NYSE:VG - News). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.

Related Quotes

SymbolPriceChange
NTT21.13+0.26
Chart for NIPPON TELEPHONE ADR
{"s" : "ntt,q,t,vg,vz","k" : "c10,l10,p20,t10","o" : "","j" : ""}

The investment report on Vonage Holding Corp. (NYSE:VG - News) should be of particular interest to other service companies in the communications industry: AT&T Inc. (NYSE:T - News), Verizon Communications (NYSE:VZ - News), Quest Communications Intl. Corp. (NYSE:Q - News), and Nippon Telegraph and Telephone Corp. (NYSE:NTT - News).

It is available at: http://www.beaconequity.com/i/VG

Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/BeaconEquity

Vonage Holdings Corp. (VG) is a provider of broadband telephone services to residential and small office and home office customers with more than 2.6 million subscriber lines as of December 31, 2008.

Message Board Search for VG: http://www.boardcentral.com/boards/VG

In the report, the analyst notes:

"VG reported positive income from operations of $15 million, up from a loss of $2 million the prior year and income of $5 million sequentially. Revenue of $220 million was down 3% year-over-year, and 2% sequentially. For the first time ever, the Company generated net income of $1 million or $0.01 per share excluding the benefit of a $1 million derivative liability adjustment related to the Company's convertible notes.

"On August 26, 2009, VG shares surged 35% on Wednesday on growing views that the company would survive despite earlier skepticism over its business model. The stock has now climbed more than 300% in the past week, a rally that has surprised analysts who say the Company still faces stiff competition and weak revenue. Last week, the stock was trading at less than 50 cents a share, but it now stands above $2."

To read the entire report visit: http://www.beaconequity.com/i/VG

See what investors are saying about these stocks at: http://www.stockhideout.com/

BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com

Beacon Equity Disclosure

DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Beacon Equity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.

Contact:

Beacon Equity Research
Jeff Bishop
(469)-252-3505
press@beaconequity.com

Sponsored Links

Copyright © 2009 GlobeNewswire. All rights reserved. Redistribution of this content is expressly prohibited without prior written consent. GlobeNewswire makes no claims concerning the accuracy or validity of the information, and shall not be held liable for any errors, delays, omissions or use thereof.