Vocera: 4Q Earnings Snapshot

SAN JOSE, Calif. (AP) _ Vocera Communications Inc. (VCRA) on Thursday reported fourth-quarter net income of $121,000, after reporting a loss in the same period a year earlier.

The San Jose, California-based company said it had profit of less than 1 cent on a per-share basis. Earnings, adjusted for stock option expense and costs related to mergers and acquisitions, came to 28 cents per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share.

The hospital mobile communications company posted revenue of $56.6 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $54.1 million.

For the year, the company reported that its loss narrowed to $9.7 million, or 30 cents per share. Revenue was reported as $198.4 million.

Vocera expects full-year earnings in the range of 45 cents to 61 cents per share, with revenue in the range of $215 million to $225 million.

Vocera shares have increased 1.5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $42.17, a climb of 68% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VCRA at https://www.zacks.com/ap/VCRA

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