Voice-over-IP service provider Vonage (VG -13.6%) is off sharply after reporting Q3 revenue of...

|About: Vonage Holdings Corp. (VG)|By:, SA News Editor

Voice-over-IP service provider Vonage (VG -13.6%) is off sharply after reporting Q3 revenue of $216.5M (+1% Y/Y) and EPS of $0.11; the latter beat by a penny, but the former missed by $4.4M. Churn rose 20 bps Q/Q, to 2.7%, and the company  had a net loss of 9K phone lines. Vonage now expects 2011 churn of 2.6%, at the high end of its prior guidance range.