Vonage, probably the best-known name in VoIP (Voice over Internet Protocol) for home and business, has reported revenue growth after a pivot to business customers for the fourth quarter and full year ended December 31, 2015.
Revenue at Vonage business was $71 million in the fourth quarter up from $28 million from this time last year, representing a 149 percent year-over-year increase on a Generally Accepted Accounting Principles (GAAP) basis. For the full year 2015, business revenues were $219 Million up from $94 million in the prior year, representing a 132 percent increase.
Vonage Revenue Up 132 Percent After Pivot to Business Customers
Posted by lyceum under Success StoriesFrom http://smallbiztrends.com 3129 days ago
Who Voted for this Story
Subscribe
“Martin, I am not that far along yet. When I do get to live-streaming, I am...”
“Peter: I have to check out your post. Where in Sweden are you located?
All...”
“Robert: Have you tested live-streaming and then saving the session as a...”
“Lisa: Thanks for sharing this information. I have not used Grok so much...”
“Adam: I have to re-read the post and see if it is time to start another...”
Comments