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Prospector Profile 1119-02
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Vonage Holdings Corp. |
NAICS |
517110 |
23 Main St.
Holmdel, NJ 07733 |
Description |
Telecommunications |
(732) 528-2600 |
Employees |
1790 |
http://www.vonage.com/ |
Revenue |
(mil) |
607.4000 |
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Income |
(mil) |
-338.5700 |
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Assets |
(mil) |
757.5200 |
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Liability |
(mil) |
574.3200 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
Vonage Holdings Corp. reported a net loss of $161,800,000 on revenue of $211,000,000 for the third quarter ended Sept. 30, 2007, compared with a net loss of $62,200,000 on revenue of $162,000,000 in the corresponding period of 2006. The company's consolidated balance sheet at Sept. 30, 2007, showed $665,800,000 in total assets and $728,700,000 in total liabilities, resulting in a $62,900,000 total shareholders' equity.
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Intellectual Property:
The Company conducts substantial ongoing technology development to continually strengthen its network platform and enhance the communications services offered to customers. Through its patent-pending SIP-thru-NATSM technology, the Company has developed the ability to provide VoIP phone service to a customer whose Vonage-enabled device is located behind a network firewall without requiring any manual configuration. [SEC Filing 10-K 04-17-07]
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Description:
The Company, through its subsidiaries, provides broadband telephone services primarily in the U.S. and Canada.
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Officers:
Jeffrey A. Citron (Chair); Michael Snyder (CEO & Dir.); John S. Rego (EVP, CFO, & Treas.); Betsy S. Atkins (Dir.); Peter Barris (Dir.); Morton David (Dir.); Orit Gadiesh (Dir.); J. Sanford Miller (Dir.); Thomas J. Ridge (Dir.); John J. Roberts (Dir.); Harry Weller (Dir.)
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Auditor:
BDO Seidman LLP
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Securities:
Common Stock Symbol VG; NYSE;
154,922,633 common shares outstanding as of October 31, 2006.
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