Holmdel-based Vonage moves into the black

HOLMDEL Reporting a $4 million profit in the fourth quarter, the financial picture at Vonage Holdings Corp., the Internet telephone company, continues to improve. (58 mins ago)

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One Response to “Holmdel-based Vonage moves into the black”

  1. angeljme says:

    Vonage, an internet telephone company just recently reported that shares had improved to reach a net income of $4.4 million, or 2 cents per share, in the fourth quarter. This is after facing a net loss of $40.9 million, or 26 cents per share in the last quarter.
    The winning formula, as stated by Chief Executive Officer Marc Lefar, came from the upgrade of the company’s value proposition, enhanced customer experience and reduced costs. All of which positioned the company better for future growths.