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magicJack VocalTec Communications Ltd. (CALL)

  • 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
  • Tue, Mar. 17, 12:45 PM
  • Mon, Mar. 16, 5:41 PM
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  • 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
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  • 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
  • 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
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  • 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%).
  • Nov. 11, 2014, 12:45 PM
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  • Nov. 10, 2014, 5:36 PM
    • Top gainers, as of 5:15 p.m.: MODN +19.8%. LLNW +12.4%. KRG +10.0%. DTSI +8.1%. SSE +7.4%.
    • Top losers, as of 5:15 p.m.: CALL -15.2%. HALO -9.9%. VSLR -9.7%. CMLS -8.5%. W -7.5%.
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  • Nov. 10, 2014, 4:54 PM
    • In spite of growing marketing spend, magicJack (NASDAQ:CALL) had an estimated 2.86M active VoIP subscribers at the end of Q3, nearly flat with the 2.9M it had at the end of Q2 and down from the 3.1M it had at the end of Q1. Monthly average churn was 3.1%.
    • Also: Monthly active unique users for magicJack's free VoIP calling apps were flat Q/Q at 3.4M.
    • While revenue fell 27% Y/Y, GAAP opex rose 60% to $17.1M, thanks in part to a 117% increase in marketing spend to $6.2M. Free cash flow was $3.2M.
    • magicJack ended Q3 with $75.2M in cash, and no debt. After accounting for the AH plunge, its market cap is now at $153M.
    • Q3 results, PR
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  • Aug. 12, 2014, 9:16 AM
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  • Aug. 11, 2014, 5:38 PM
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  • Aug. 11, 2014, 5:15 PM
    • magicJack (NASDAQ:CALL) saw a 200K Q/Q drop in active magicJack VoIP service subscribers in Q2 to 2.9M. Average monthly churn was 3.1%, down from Q1's 3.3%. Activations fell to 165K from 196K.
    • Notably, no guided is provided in the company's earnings release. magicJack guided in its Q1 report for 2014 revenue of $158M-$163M; consensus is currently at $147.5M.
    • Monthly active users for magicJack's VoIP mobile apps totaled 3.4M at the end of Q2. The company previously announced registered users (not the same as active users) totaled 8.4M at the end of Q1.
    • GAAP opex rose 31% Y/Y to $14.7M, thanks in part to a 70% increase in marketing spend to $4.7M.
    • magicJack had $72M in cash at the end of Q2 - a figure nearly equal to 1/3 of its market cap - and no debt.
    • CALL -3.5% AH. Q2 results, PR.
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  • Jun. 18, 2014, 11:29 AM
    • magicJack's (CALL) iOS/Android apps, re-branded under the magicApp name in April, give users the ability to make free 3G/4G and Wi-Fi-based calls to U.S./Canadian numbers, including from overseas locales. They can also be linked with landline magicJack numbers.
    • Registered users for magicJack's mobile apps rose 21% Q/Q in Q1 to 8.4M. At the same time, active magicJack subscribers fell by 100K to 3.1M.
    | Comment!
  • May. 13, 2014, 12:45 PM
    | 1 Comment
  • May. 13, 2014, 9:15 AM
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Company Description
magicJack VocalTec Ltd provides cloud based communication services. The Company's service include VoIP services inclduing magicJack, magicJack Go and MagicJack Plus.