MagicJack VocalTec (CALL +18.3%) takes off after stating it expects Q2 revenue of $37.5M-$38.5M...
MagicJack VocalTec (CALL +18.3%) takes off after stating it expects Q2 revenue of $37.5M-$38.5M and EPS of $0.48-$0.52, above a consensus of $35.9M and $0.36. In addition, the provider of plug-n-play VoIP gear is now guiding for 2012 EPS of $1.50-$1.80, above a prior range of $1.25-$1.70 and a consensus of $1.36. It exited Q2 with 19.4M shares outstanding, down from 21.1M at the end of Q1. (PR)
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