It Looks Like Vonage Will Make It
With Vonage taking care of all of their patent infringements, and their increased profitability, it sure looks like Vonage is on it’s way back from the brink of bankruptcy. Their 3rd quarter financial report for 2007 came out today, and their revenues were up 30% over the same quarter last year. With this type of growth, and the fact that they are doing better at keeping the money they do get, they might actually be a profitable company by next year.
Here are Vonage’s 3rd quarter financials