Vonage posts a profit!
Vonage has disappeared from news after their disastrous IPO.
The VOIP Company has just posted a small profit though revenues continue to fall as subscribers flee to rival services.
The company said that the net income in the most recent quarter was around USD 1 million. The company had posted losses of around USD 7 million in the same period last year.
The revenues were down to around $220 million. Vonage also announced that they are all set to launch a new marketing campaign which would help them get new customers in the coming months.
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