Welcome to our dedicated page for Venture Global news (Ticker: VG), a resource for investors and traders seeking the latest updates and insights on Venture Global stock.
Venture Global, Inc. (NYSE: VG) is an American producer and exporter of low-cost U.S. liquefied natural gas (LNG) with large-scale projects in Louisiana and a vertically integrated LNG business. The news flow around Venture Global reflects its role in global LNG markets, its project development activity and its capital markets transactions.
On this page, readers can follow news about Venture Global’s LNG export performance, including disclosures on the number of cargos exported from its Calcasieu Pass and Plaquemines LNG facilities, total TBtu volumes and implied weighted average fixed liquefaction fees. The company regularly releases quarterly updates and earnings-related announcements that detail LNG volumes, revenue trends and non-GAAP measures such as Consolidated Adjusted EBITDA.
Venture Global’s news also highlights long-term LNG Sales and Purchase Agreements (SPAs) with international counterparties. Recent press releases describe multi-decade SPAs with Tokyo Gas, Mitsui, Naturgy of Spain and ATLANTIC – SEE LNG TRADE S.A. of Greece, as well as commentary on how these arrangements relate to energy security and trade relationships. Updates on regulatory milestones, such as final export authorizations for the CP2 LNG project and filings for the Plaquemines expansion with FERC and the U.S. Department of Energy, are another recurring theme.
In addition, the company issues news about project financing and capital structure, including senior secured note offerings by Venture Global Plaquemines LNG, LLC, large construction and working capital facilities for the CP2 project, and credit facilities for the Blackfin Pipeline joint venture. Announcements may also cover dividend declarations and statements on arbitration outcomes related to long-term SPAs. Investors and observers can use this news feed to monitor Venture Global’s operational metrics, commercial agreements, financing activities and regulatory developments over time.
Vonage (Nasdaq: VG) has achieved AWS Machine Learning (ML) Competency status in the new Applied Artificial Intelligence category, recognizing its expertise in integrating ML solutions on AWS. This partnership enhances Vonage's offerings in AI for contact centers, utilizing AWS tools for Speech Recognition, Natural Language Processing, and Text-to-Speech. Key features include Customer Self Service options, Live Agent Assist Tools, and Post-Call Analytics that improve customer experiences and operational efficiency.
Vonage Holdings Corp. (Nasdaq: VG), a leader in cloud communications, announced its participation in two upcoming investor conferences. The Jefferies Virtual Enterprise Communications Summit will occur on March 10, 2021, with a presentation at 4:00 pm ET, followed by the 2021 Stephens Virtual Best Ideas Conference on March 11, 2021, at 11:00 am ET. A live webcast of both presentations will be available on Vonage's Investor Relations website.
Vonage (Nasdaq: VG) has been selected by Litify, a leading legal SaaS platform, as its preferred contact center partner. This partnership aims to enhance customer experience for law firms using Litify's integrated legal technology. By leveraging Vonage Contact Center for Salesforce, Litify will offer improved communication capabilities for legal services, providing agents with real-time performance data and customer insights. The integration allows law firms to streamline operations and improve client interactions while maintaining security and efficiency.
Vonage (Nasdaq: VG) has announced a virtual Investor Day scheduled for March 5, 2021, from 10:30 a.m. to 2:30 p.m. ET. The event will feature presentations from Vonage’s executive leadership team discussing the Company's vision, strategies, and financial goals. Participants can pre-register and access a live webcast of the event on the Vonage Investor Relations site. This Investor Day aims to strengthen investor relations and provide insights into Vonage's initiatives in cloud communications, enhancing business operations.
Vonage Holdings Corp. (Nasdaq: VG) reported Q4 2020 consolidated revenues of $323 million, a 4% increase from the previous year. The Vonage Communications Platform (VCP) generated $245 million in revenue, marking a 12% growth, with API revenues rising by 33%. However, the company faced a net loss of $14 million compared to a loss of $2 million a year earlier. Looking ahead, the company projects 2021 consolidated revenues between $1.323 billion and $1.339 billion, with VCP service revenue expected to increase by 15% to 17%.
Vonage (Nasdaq: VG) has appointed Savinay Berry as EVP, Product and Engineering, effective March 1, 2021. He will lead global teams in engineering, product management, IT, and security, focusing on innovation and technology strategy for the Vonage Communications Platform (VCP). With over 20 years of experience, including a significant role at OpenText, Berry's appointment aims to enhance product development and accelerate growth. His expertise in cloud technology is expected to strengthen Vonage's position in integrated omnichannel communications.
Vonage (Nasdaq: VG), a leader in cloud communications, has announced its membership in the OpenAPI Initiative, aimed at promoting the OpenAPI Specification. This initiative enhances API interoperability, allowing developers to easily understand service capabilities. Vonage representatives will join the Open API Business Governance Board and Technical Steering Committee to influence the OpenAPI standard's development. The move emphasizes Vonage's commitment to improving its API services and supporting over one million registered developers in enhancing integration across various communication platforms.
Vonage Holdings Corp (Nasdaq: VG) will report its financial results for Q4 and full year 2020 on February 18, 2021. The earnings release will be available on its Investor Relations website. A conference call is scheduled for 8:30 AM ET on the same day, accessible by dialing (877) 407-9716 (international: (201) 493-6779). A live webcast will also be available, with a replay accessible soon after the call concludes.
Vonage Holdings Corp (Nasdaq: VG) announced the appointment of Stephen Lasher as Chief Financial Officer, effective January 29, 2021. With 30 years in financial leadership, primarily in the technology sector, Lasher aims to enhance Vonage's revenue growth and profitability. He joins from IBM, where he managed financial operations for a $70B global sales function. Lasher will succeed Tim Shaughnessy, who has been Interim CFO since August 2020. The company is optimistic about Lasher's expertise in driving strategic investments and innovation, positioning Vonage to adapt in a rapidly evolving communications landscape.
Vonage (Nasdaq: VG) has appointed Jay Bellissimo as its new Chief Operating Officer, effective January 19, 2021. Bellissimo, who brings over 30 years of experience, joins from IBM, where he oversaw a multi-billion dollar portfolio. His focus will be on enhancing Vonage's go-to-market strategy and driving revenue growth across its cloud communications offerings. CEO Rory Read expressed confidence in Bellissimo's ability to accelerate digital transformation and strengthen customer relationships, positioning Vonage for its next growth phase.
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