Stock Monitor: RELM Wireless Post Earnings Reporting

LONDON, UK / ACCESSWIRE / March 15, 2018 / Active-Investors.com has just released a free earnings report on Vocera Communications, Inc. (NYSE: VCRA) ("Vocera"). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=VCRA. Vocera reported its fourth quarter and fiscal 2017 operating and financial results on February 08, 2018. The hospital mobile communications Company outperformed top- and bottom-line expectations. Additionally, the Company provided guidance for the upcoming quarter and fiscal year. Register today and get access to over 1,000 Free Research Reports by joining our site below:

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Active-Investors.com is currently working on the research report for RELM Wireless Corporation (NYSE: RWC), which also belongs to the Technology sector as the Company Vocera Communications. Do not miss out and become a member today for free to access this upcoming report at:

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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Vocera Communications most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=VCRA

Earnings Highlights and Summary

For the fourth quarter fiscal 2017, Vocera's revenue surged 26% to $45.5 million compared to $36.0 million in Q4 2016. The Company's reported numbers topped analysts' estimates of $43.5 million.

During Q4 2017, Vocera's Product revenue came in at $24.9 million, up 25% compared to $19.9 million in Q4 2016. The Company's Service revenue advanced 28% to $20.6 million for the reported quarter versus $16.1 million for the prior year's same quarter.

For full year (FY) 2017, Vocera's revenue totaled $88.9 million compared to $70.7 million in FY16 reflecting a growth of 26%. The Company's bookings for FY17 advanced 16% to $166.2 million on a y-o-y basis.

During Q4 2017, Vocera's GAAP gross margin was 64.5% compared to 59.4% in Q4 2016. The Company's adjusted EBITDA totaled $9.3 million for the reported quarter versus $972,000 for the year-earlier same quarter,

For Q4 2017, Vocera recorded GAAP net income of $2.7 million, or $0.09 per share, compared to GAAP net loss of $9.8 million, or $0.36 per share, in Q4 2016. On a non-GAAP basis, the Company reported earnings of $9.00 million, or $0.29 per diluted share, compared to $49,000, or $0.00 per diluted share, in Q4 2016. Vocera's earnings beat Wall Street's estimates of $0.14 per share.

For FY17, Vocera reported GAAP net loss of $14.22 million, or $0.50 per diluted share, compared to GAAP net loss of $17.27 million, or $0.64 per diluted share, in FY16.

Cash Matters

As of December 31, 2017, Vocera's deferred revenue was $63.7 million compared to $55.0 million at December 31, 2016. The Company's cash equivalents and short-term investments were $81.2 million at December 31, 2017, and $74.1 million at December 31, 2016. Vocera has a strong balance sheet with no debt.

Outlook

For the first quarter of 2018, Vocera is forecasting revenue in the range of $37.0 million and $40.0 million and GAAP loss between $0.31 and $0.23 per share. For the upcoming quarter, Vocera is expecting a non-GAAP net loss per share to be in the band of $0.11 and $0.03 and non-GAAP adjusted EBITDA to be between negative $2.0 million and positive $0.3 million.

For the full-year 2018, Vocera is projecting revenue between $175.0 million and $183.0 million and a GAAP loss in the range of $0.63 and $0.40 per share. The Company is anticipating non-GAAP net income per share to be between $0.28 and $0.48 and non-GAAP adjusted EBITDA to be in the range of $14.0 million and $20.0 million.

Stock Performance Snapshot

March 14, 2018 - At Wednesday's closing bell, Vocera Communications' stock advanced 2.46%, ending the trading session at $25.40.

Volume traded for the day: 212.82 thousand shares.

Stock performance in the past twelve-month period ? up 9.53%

After yesterday's close, Vocera Communications' market cap was at $741.43 million.

The stock is part of the Technology sector, categorized under the Communication Equipment industry. This sector was up 0.2% at the end of the session.

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