Brokerages expect that Vocera Communications (NYSE:VCRA) will announce sales of $39.14 million for the current quarter, according to Zacks. Six analysts have made estimates for Vocera Communications’ earnings. The lowest sales estimate is $38.40 million and the highest is $39.63 million. Vocera Communications reported sales of $36.30 million in the same quarter last year, which indicates a positive year over year growth rate of 7.8%. The company is scheduled to report its next quarterly earnings report on Thursday, April 26th.
According to Zacks, analysts expect that Vocera Communications will report full-year sales of $39.14 million for the current financial year, with estimates ranging from $179.10 million to $181.00 million. For the next year, analysts forecast that the business will report sales of $205.96 million per share, with estimates ranging from $199.93 million to $223.61 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research analysts that cover Vocera Communications.
Vocera Communications (NYSE:VCRA) last posted its quarterly earnings results on Thursday, February 8th. The communications equipment provider reported $0.29 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.14. Vocera Communications had a negative net margin of 8.75% and a negative return on equity of 8.11%. The firm had revenue of $45.50 million for the quarter, compared to analyst estimates of $43.72 million. The company’s revenue was up 26.4% compared to the same quarter last year.
NYSE VCRA traded down $0.09 during mid-day trading on Thursday, hitting $23.42. The company’s stock had a trading volume of 240,932 shares, compared to its average volume of 296,374. Vocera Communications has a 52-week low of $22.43 and a 52-week high of $32.23.
In other Vocera Communications news, EVP Paul T. Johnson sold 3,606 shares of the business’s stock in a transaction dated Monday, January 22nd. The stock was sold at an average price of $25.86, for a total transaction of $93,251.16. Following the sale, the executive vice president now owns 145,945 shares in the company, valued at approximately $3,774,137.70. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Brent D. Lang sold 5,000 shares of the business’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $29.89, for a total value of $149,450.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 94,205 shares of company stock worth $2,631,039. 6.30% of the stock is owned by company insiders.
A number of hedge funds and other institutional investors have recently bought and sold shares of VCRA. Nationwide Fund Advisors raised its holdings in Vocera Communications by 2.0% during the 3rd quarter. Nationwide Fund Advisors now owns 185,180 shares of the communications equipment provider’s stock worth $5,809,000 after buying an additional 3,578 shares during the period. Sei Investments Co. raised its holdings in Vocera Communications by 67.2% during the 3rd quarter. Sei Investments Co. now owns 13,127 shares of the communications equipment provider’s stock worth $412,000 after buying an additional 5,274 shares during the period. Los Angeles Capital Management & Equity Research Inc. acquired a new stake in Vocera Communications during the 3rd quarter worth about $475,000. Bank of New York Mellon Corp raised its holdings in Vocera Communications by 6.8% during the 3rd quarter. Bank of New York Mellon Corp now owns 209,609 shares of the communications equipment provider’s stock worth $6,574,000 after buying an additional 13,297 shares during the period. Finally, Comerica Bank acquired a new stake in Vocera Communications during the 3rd quarter worth about $239,000.
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Vocera Communications Company Profile
Vocera Communications, Inc provides secure, integrated, and intelligent communication and workflow solutions that empowers mobile workers in healthcare, hospitality, energy, and other mission-critical mobile work environments in the United States and internationally. The company's communication solution could be integrated with other clinical systems, including electronic health records, nurse call systems, and patient monitoring, as well as to provide critical data, alerts, alarms, and clinical context that enable workflow.
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