MagicJack Vocaltec (CALL) springs 9.4% after increasing its guidance due to lower costs and...
MagicJack Vocaltec (CALL) springs 9.4% after increasing its guidance due to lower costs and robust sales of its new MagicJack Plus product. Expects FY EPS of $1.70-$2 vs. a previous estimate of $1.50-$1.80 and consensus of $1.53. Forecasts revenue growth of 35%-45% vs. 25%-40% prior. Q3 guidance: EPS $0.55-$0.80 vs. Street forecasts of $0.39; revenue of $40M-$41M vs. $39.5M. (PR)
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