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Vonage Holdings Corp. Stock Price

NasdaqGS:VG Community·US$5.4b Market Cap
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VG Share Price Performance

US$0
0.00 (0.00%)
US$0
0.00 (0.00%)
Price US$0

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Snowflake Analysis

Fair value with imperfect balance sheet.

3 Risks
1 Reward

Vonage Holdings Corp. Key Details

US$1.4b

Revenue

US$654.3m

Cost of Revenue

US$714.8m

Gross Profit

US$756.1m

Other Expenses

-US$41.2m

Earnings

Last Reported Earnings
Mar 31, 2022
Next Reporting Earnings
n/a
-0.16
52.21%
-3.01%
81.9%
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About VG

Founded
2000
Employees
2082
CEO
Rory Read
WebsiteView website
www.vonage.com

Vonage Holdings Corp. primarily operates as a cloud communications company in the United States, Canada, the United Kingdom, the European Union, and Asia. It operates in two segments, Vonage Communications Platform and Consumer. The Vonage Communications Platform segment offers programmable, embeddable, and customizable application program interfaces that enable software developers to build communications capabilities, such as messaging and voice calling within their applications; and Vonage Contact Center, a cloud contact center solution. This segment also provides Vonage Business Communications, a cloud-native proprietary technology platform that delivers integrated unified communication services; and Vonage Business Enterprise, a cloud-based platform for mid-market and enterprise customers that provides unified communication and collaboration services, including voice, data, video, mobile, and contact center services. The Consumer segment provides home telephone services through various service plans with basic features, including voicemail, call waiting, call forwarding, simulring, visual voicemail, and boomerang and extensions, as well as area code selection, virtual phone numbers, and Web-enabled voicemail. The company also offers procured high-speed broadband Internet services that allows calls over the Internet from a standard telephone through a Vonage-enabled devices, soft phone software, and mobile client applications. Vonage Holdings Corp. was incorporated in 2000 and is headquartered in Holmdel, New Jersey.

Recent VG News & Updates

Seeking Alpha Jun 30

Vonage In The Golden Age Of Arb

$2 in 1 month = >100% IRR. Ericsson thinks they can do this. Despite monster downside, EV is +. Merger arbitrage All else being equal, the wider the merger arb spread, the more ways there are to win. Today, the spread in the Ericsson (ERIC)-Vonage (VG) deal is among the very widest. Who? Vonage is a cloud communications company. VG What? Ericsson is buying Vonage for $21 per share in cash. The deal has secured VG shareholders, HSR, FCC, CRTC, German FCO, and UK OFCOM signoffs. That leaves only CFIUS. The deal is not conditioned on financing. When? The deal will probably close by August 1, 2022. Where? Vonage operates in the US, Canada, the UK, the EU, and Asia. It is headquartered in New Jersey. Why? The spread adequately compensates VG holders for CFIUS risk. Target Ticker Parity Spread IRR Vonage (VG) $21.00 $2.07 >100% Caveat

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