Why Vocera Communications Stock Skyrocketed Today
Shares of Vocera Communications (NYSE: VCRA) have skyrocketed today, up by 35% as of noon EDT, after the company reported second-quarter earnings. The results crushed Wall Street's expectations.
Vocera, which provides communications tools and services to the healthcare industry, reported revenue of $47.3 million in the second quarter, ahead of the $40 million in sales that analysts were modeling for. That translated into adjusted earnings of $0.10 per share, much better than the adjusted net loss per share of $0.06 that the market was expecting.
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Source Fool.com
