MagicJack VocalTec Stock Pops, Mobile App Users Rise

By | March 13, 2014

Scalper1 News

MagicJack VocalTec’s (CALL) stock popped Thursday after the Internet calling provider late Wednesday reported Q4 EPS and revenue that fell from a year earlier but beat analyst views. The company also announced an expansion of its retail distribution. MagicJack stock rose 20% in the stock market today, to 21.04, a 16-month high. MagicJack said Q4 profit fell 42% from the year-earlier quarter, to 69 cents per share. Revenue fell 8% to $38.2 million, Scalper1 News

Scalper1 News