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Vocera: 3Q Earnings Snapshot

·1 min read

SAN JOSE, Calif. (AP) _ Vocera Communications Inc. (VCRA) on Thursday reported third-quarter net income of $4.2 million.

The San Jose, California-based company said it had net income of 13 cents per share. Earnings, adjusted for one-time gains and costs, came to 31 cents per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share.

The hospital mobile communications company posted revenue of $53.8 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $50.9 million.

Vocera shares have increased 69% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $35.07, a rise of 69% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VCRA at https://www.zacks.com/ap/VCRA