Courtesy of Benzinga.
magicJack VocalTec, Ltd. (Nasdaq: CALL) announced today that the company has sold over 365,000 magicJack PLUS devices in the last 30 days and is estimating fourth quarter 2011 sales to total $55 to $60 million.
Due to pricing and dilution concerns, magicJack VocalTec has cancelled its anticipated underwritten offering.
For more Benzinga, visit Benzinga Professional Service, Value Investor, and Stocks Under $5.
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