MagicJack (CALL +9.8%) issues upside guidance for Q1, with EPS of $0.26 vs. $0.14 consensus,...

|By:, SA News Editor

MagicJack (CALL +9.8%) issues upside guidance for Q1, with EPS of $0.26 vs. $0.14 consensus, with revenues of $37.4M vs. $34.1M consensus. The company says it hopes to repurchase the maximum amount available under its current share buyback program and will seek approval to increase the program by an additional $20M. (earlier)