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magicJack VocalTec Communications Ltd. (CALL)

  • Yesterday, 12:56 PM
    • MagicJack VocalTec (NASDAQ:CALL) was down briefly as much as 4.7% after a Street Sweeper article pointed to "perilous declines in users, activations and app users," but has rebounded since early this morning, now up 7.5%.
    • "Any smidgen of magic left in magicJack VocalTec is vanishing quicker than street magician David Blaine can make a new quarter disappear," the article posed, setting a "generous" valuation at $5/share.
    • The stock had closed at $9.52 yesterday; it's now up to $10.23.
    • Volume has already surpassed its daily average, though the biggest blocks came in the early minutes to prompt the decline.
    | Yesterday, 12:56 PM | Comment!
  • Mon, Nov. 9, 4:51 PM
    • MagicJack VocalTec (NASDAQ:CALL) is up 7% after hours in the wake of Q3 results featured a solid beat on profits and lower churn though revenue dipped slightly.
    • Revenue breakout: Access rights renewal, $16.2M (64% of total); device sales, $4.5M; prepaid minutes, $2M; access and wholesale charges, $1.6M; other, $1.1M.
    • The company reported 2.53M active magicJack subscribers at quarter's end after activating 119K subs. Churn dropped to 2.7%.
    • Free cash flow was $5.7M; cash and equivalents were $79.6M at quarter's end, against no debt.
    • It's boosted full-year guidance on EBITDA to about $34M, above expectations for $32.9M.
    • Conference call to come at 5 p.m. ET.
    • Press release
    | Mon, Nov. 9, 4:51 PM | 2 Comments
  • Thu, Sep. 17, 10:39 AM
    • MagicJack VocalTec (NASDAQ:CALL) is up 3.5% in early going after announcing a new nationwide deal to once again distribute via RadioShack.
    • The stores will sell magicJack GO for $59.95 with 12 months of service, as well as the new lower-cost Express devices, for $39.95 with 3 months of service.
    • MagicJack is also offering a five-year service plan for $99.95.
    • "Historically, magicJack has been a sought after product in our stores and we are excited to once again partner with this innovative company," says RadioShack's Bruce Hawver.
    | Thu, Sep. 17, 10:39 AM | 6 Comments
  • Mon, Aug. 10, 6:01 PM
    • MagicJack VocalTec (NASDAQ:CALL) is up 11.7% in late trading after a Q2 report where non-GAAP EPS of $0.38 beat a consensus of $0.31, though revenues fell nearly 14% from 2014.
    • Adjusted EBITDA of $10.1M beat an expected $7.4M.
    • Revenue breakout: Access rights renewal, $16.5M; Device sales, $4.2M; Prepaid minutes, $2.1M; Access and wholesale, $1.3M; other, $1.1M.
    • The company had about 2.62M active subscribers on June 30 after activating 150K subs. Average monthly churn fell to 2.8%.
    • Free cash flow of $6.1M; cash and equivalents at quarter's end were $82.3M, against no debt.
    • Press Release
    | Mon, Aug. 10, 6:01 PM | 2 Comments
  • Mon, Aug. 10, 5:40 PM
    | Mon, Aug. 10, 5:40 PM | 1 Comment
  • Tue, May 12, 12:49 PM
    | Tue, May 12, 12:49 PM | 2 Comments
  • Tue, May 12, 9:16 AM
    | Tue, May 12, 9:16 AM | 3 Comments
  • Mon, May 11, 5:40 PM
    | Mon, May 11, 5:40 PM | Comment!
  • Mon, May 11, 4:39 PM
    • MagicJack VocalTec (NASDAQ:CALL) jumped 9% in after-hours trading after Q1 EPS of $0.31 beat expectations for $0.23.
    • Revenues that declined 28% missed consensus expectations, however ($25.5M revenues vs. $26.2M expected). EBITDA was $8M vs. an expected $7M.
    • Revenues from the sale of devices were $3.4M; access rights renewal revenues were $17.1M. Prepaid minute revenues were $2.2M; access and wholesale charges, $1.4M.
    • The company reported 2.7M active subscribers at quarter's end, after activating 196K subscribers in Q1. Average monthly churn of 3.1%.
    • Cash and equivalents increased to $82.9M against no debt; free cash flow stood at $7M in Q1.
    • Conference call at 5 p.m. ET.
    • Press Release
    | Mon, May 11, 4:39 PM | 6 Comments
  • Thu, Apr. 2, 3:20 PM
    • The the Nasdaq is up only fractionally ahead of the long weekend, the ranks of major tech gainers have easily outnumbered the ranks of major decliners today.
    • Today's notable gainers include Chinese online video site Youku (YOKU +4.5%), IP licensing firm VirnetX (VHC +6.7%), mobile payment-processing/telemetry services firm USA Technologies (USAT +5.8%), VoIP service provider magicJack (CALL +5%), LED/chip equipment firm Aixtron (AIXG +4.9%), Chinese jobs site 51job (JOBS +4.9%), grocery coupon site (COUP +4.5%), telecom services/analytics firm Neustar (NSR +3.2%), and LED/chip equipment vendors Veeco (VECO +2.7%) and Aixtron (AIXG +4.9%).
    • Youku is bouncing after having sold off to new 52-week lows in the wake of its Q4 numbers and an SEC inquiry disclosure. magicJack is recovering some of the big March losses seen after the company posted mixed Q4 results. Neustar is now up 19% since confirming a major contract loss and announcing a $150M buyback a week ago.
    • Previously covered:, AudioCodes, Renren, Expedia, Hutchison, ReneSola, Cheetah Mobile, Sungy Mobile, Yandex, Digital Ally
    • Notable decliners: Motorola Solutions, NeoPhotonics, TrueCar, Carbonite, Elephant Talk
    | Thu, Apr. 2, 3:20 PM | 2 Comments
  • Tue, Mar. 17, 12:45 PM
    | Tue, Mar. 17, 12:45 PM | 7 Comments
  • Mon, Mar. 16, 5:41 PM
    | Mon, Mar. 16, 5:41 PM | Comment!
  • Mon, Mar. 16, 5:04 PM
    • Cloud-based telecom MagicJack VocalTec (NASDAQ:CALL) is off 3.1% after hours as it posts a Q4 report where revenues missed expectations and fell almost by a third from the prior year.
    • Adjusted EBITDA of $6.8M was up 66% and beat an expected $5.1M.
    • "While our fourth quarter results were slightly lower than expected, the company more than doubled the number of active magicJackGO subscribers and generated solid adjusted EBITDA," said CEO Gerald Vento.
    • Net revenues from device sales were $3M; access rights renewal revenues were $17.2M; prepaid minute revenues were $2.1M; access and wholesale charges, $2.1M.
    • The company activated 169K subscribers in Q4; average monthly churn was 3.3%.
    • The company announced a new $20M buyback program
    • Conference call started getting under way at 5 p.m. ET.
    • Press release
    | Mon, Mar. 16, 5:04 PM | Comment!
  • Mon, Mar. 16, 4:38 PM
    • magicJack VocalTec Communications (NASDAQ:CALL): Q4 EPS of $0.15 beats by $0.03.
    • Revenue of $25.71M (-32.7% Y/Y) misses by $1.41M.
    • Shares +1.5% AH.
    • Press Release
    | Mon, Mar. 16, 4:38 PM | 2 Comments
  • Tue, Mar. 10, 3:10 PM
    • With the Nasdaq down 1.4%, a long list of tech names are posting major declines. Meanwhile, only a handful of tech companies are up more than 2%.
    • Notable decliners include hard drive giant Seagate (STX -4.4%), VoIP service/app provider magicJack (CALL -5.6%), telecom equipment maker Comtech (CMTL -8.8%), flash controller IC vendor Silicon Motion (SIMO -5.2%), Wi-Fi hardware vendor Ruckus (RKUS -8.7%), online ad retargeting platform Criteo (CRTO -5.1%), haptic tech developer Immersion (IMMR -6.4%), supercomputer maker Cray (CRAY -4.6%), online coupon code provider RetailMeNot (SALE -5.5%), and solar plays JinkoSolar (JKS -5.6%), Daqo (DQ -9.8%), and Enphase (ENPH -8.9%).
    • Immersion has more than given back the Monday gains it saw after Apple, which relies on a proprietary haptic solution that some think infringes on Immersion's IP, unveiled a 12" retina MacBook with a pressure-sensitive trackpad. Solar stocks are reversing course after rallying in recent weeks with the help of good earnings news and YieldCo hopes.
    • Previously covered: Cybersecurity stocks, Canadian Solar/ReneSola, Qihoo, Electronic Arts
    • Notable gainers: Nvidia, MicroVision, Energous, Weibo
    | Tue, Mar. 10, 3:10 PM | Comment!
  • Thu, Jan. 15, 2:34 PM
    • As was the case yesterday, many tech stocks are posting outsized losses amid a market selloff. The Nasdaq is currently down 1.1%.
    • Twitter (TWTR -5.7%) is among the guilty parties. The microblogging platform has given back a large chunk of the gains it saw last week following Carl Icahn rumors (since denied by Icahn) and Yahoo deal speculation. Its Q4 report arrives on Feb. 5.
    • Many other Internet companies are also off sharply. The list includes jobs site Monster (MWW -6.4%), local services marketplace Angie's List (ANGI -5.9%), online textbook rental leader Chegg (CHGG -5.7%), grocery coupon site (COUP -7.1%), flash deals provider Zulily (ZU -4.7%), and Chinese online real estate plays SouFun (SFUN -8.1%), E-House (EJ -6.3%), and Leju (LEJU -5.6%). Previously covered: Zillow and Trulia.
    • Other tech names posting major declines: M2M hardware provider Sierra Wireless (SWIR -6.2%), ultracapacitor maker Maxwell (MXWL -5.2%), RFID tech provider SuperCom (SPCB -7.1%), VoIP service provider magicJack (CALL -6.1%), NFC reader maker On Track (OTIV -7.1%), haptic tech developer Immersion (IMMR -5.3%), and security tech plays Barracuda (CUDA -6.4%), Vasco (VDSI -7.3%), and Imperva (IMPV -7.8%).
    | Thu, Jan. 15, 2:34 PM | 9 Comments
Company Description
magicJack VocalTec Ltd provides cloud based communication services. The Company's service include VoIP services inclduing magicJack, magicJack Go and MagicJack Plus.