Thursday, May 10, 2007

UPDATE 1-Vonage loss narrows in first quarter

(Reuters) - Vonage said its net loss for the first quarter totaled $72 million, or 47 cents per share, compared with a loss of $85 million in the same quarter a year earlier. The company was not publicly traded in the year-earlier quarter.

Revenue for the quarter ended March 31 rose 64 percent to $196 million, mostly in line with the average forecast of analysts polled by Reuters Estimates.


Read more at Reuters.com Market News

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