Revenue Update on Vocera Communications Inc(NYSE:VCRA)

Vocera Communications Inc(NYSE:VCRA) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Jul 28, 2016. Company reported revenue of $31.15M. Analysts estimated a revenue of $27.90M. Earnings per share were $0.02. Analysts had estimated an EPS of $-0.02.

Vocera Communications Inc (VCRA) made into the market gainers list on Thursdays trading session with the shares advancing 1.15% or 0.17 points. Due to strong positive momentum, the stock ended at $15, which is also near the day’s high of $15.01. The stock began the session at $14.85 and the volume stood at 1,80,297 shares. The 52-week high of the shares is $16.02 and the 52 week low is $10.082. The company has a current market capitalization of $398 M and it has 2,65,02,591 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jul 14, 2016, Jay Spitzen (Counsel, Secretary) sold 1,200 shares at $14.00 per share price.Also, On Jul 7, 2016, Brent D. Lang (President & CEO) sold 2,000 shares at $13.02 per share price.On May 3, 2016, Paul T Johnson (EVP OF SALES & SERVICES) sold 4,000 shares at $11.76 per share price, according to the Form-4 filing with the securities and exchange commission.

Vocera Communications Inc. is a provider of communication solutions for mobile workers in healthcare hospitality energy education and other industries. The Company’s solutions include the Vocera Communication System Vocera Care Experience Suite and its Experience Innovation Network. Its two operating segments include Product and Service. The Vocera Communication system comprises a software platform that connects communication devices. Vocera Care Experience is a hosted software suite which offers caregivers communication solutions. The experience innovation network is a membership program that partners with healthcare provider organizations. The Company’s services include experience innovation network professional services technical support and Vocera University.

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