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MagicJack VocalTec (CALL) +7.5% premarket after raising its outlook for Q4 and full-year 2012....

  • Friday, December 28, 2012, 8:28 AM ET
    MagicJack VocalTec (CALL) +7.5% premarket after raising its outlook for Q4 and full-year 2012. For Q4, CALL expects more than $0.70/share of operating income, and has reduced share count by ~500K and increased cash by $6M since Q3. Also appoints Gerald Vento as President and CEO effective Jan. 1; founder Daniel Borislow will lead new marketing and product development initiatives.
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