« Interview with Ted Griggs, CEO, Ribbit | Main | Company Profile: Comvie »

Vonage 4Q07 Update

Added 56,000 net subscriber lines during the quarter to end the year at nearly 2.6 million lines.
• Lost 230k customers during the quarter. Average monthly customer churn during the quarter stood at 3%
• Marketing cost of customer acquisition: $223 per customer. Total marketing costs during the quarter: $63 million.
• IP litigation costs during the quarter were $1.3m compared to $133m in the previous quarter
• 4Q07 revenues $216 million, 2% increase q-o-q and 19% increase y-o-y. Net loss $9 million
• ARPU: $28.19 down from $28.24 in 3Q07.
• Current cash and marketable securities and restricted cash at quarter end was $190 million.

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

TrackBack

TrackBack URL for this entry:
http://www.ilocus.com/cgi-bin/mt/mt-t.cgi/445