Wednesday, February 14, 2007

Vonage Adds 166,000 VoIP Subscribers in Q4, Loss Narrows

Vonage reported Q4 revenue of $181 million, a 91% increase from $95 million in the year-ago quarter. Net loss narrowed to $65 million, or $0.42 per share, from a net loss of $72 million reported in the fourth quarter 2005.



Vonage added 955,000 net subscriber lines in 2006, including 166,000 in the fourth quarter. The Company finished 2006 with 2,224,000 lines, 75% above the year-ago level of 1,269,000.

http://www.vonage.com