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A Q2 beat is driving shares of magicJack VocalTec (CALL +8.4%) higher. The provider of consumer...

A Q2 beat is driving shares of magicJack VocalTec (CALL +8.4%) higher. The provider of consumer VoIP hardware and services saw a 67.5% Y/Y increase in sales of magicJack and magicJack PLUS boxes (now almost 50% of revenue), which offset slower growth in license renewals, prepaid minutes, and access/termination charges. 36.1% of the company's float was shorted as of July 13. (PR)

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  • Dustin Moore
    , contributor
    Comments (286) | Send Message
     
    magicJack $CALL will continue to thrive... http://seekingalpha.co...
    30 Jul 2012, 11:39 AM Reply Like
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