For the first quarter megicJack reported EPS of 53 cents a share, beating the Capital IQ Consensus Estimate of 49 cents a share by 4 cents. Revenue fell -4.3% year-over-year to $35.31 million, while analysts expected revenue of $37.18 million for the quarter.
Looking forward to full-year 2014 magicJack expects revenue of $158 million to $163 million. Analysts expect revenue of $157.5 million for the year.
Must read: Warren Buffett's 10 Favorite Growth Stocks
TheStreet Ratings team rates MAGICJACK VOCALTEC LTD as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate MAGICJACK VOCALTEC LTD (CALL) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its notable return on equity, compelling growth in net income, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow."
Highlights from the analysis by TheStreet Ratings Team goes as follows: