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Sunday, June 16, 2024

magicJack Jumps on Raised Guidance

Courtesy of Benzinga.

Shares of magicJack (NASDAQ: CALL) are rising in Monday’s pre-market session after the company raised its quarterly guidance. The company now sees full-year earnings per share between $1.25 and $1.70 versus its previous guidance range of $1.25 to $1.50. The stock is trading up more than 12% in the pre-market to $15.32 and should be active during the session.

magicJack VocalTec Ltd (magicJack VocalTec) is a provider of voice-over-Internet-Protocol (VoIP), the softphone and the magicJack products. magicJack VocalTec’s product include magicJack and magicJack PLUS, magicJack PC and magicJack APP.

For more Benzinga, visit Benzinga Professional Service, Value Investor, and Stocks Under $5.

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