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Vonage Holdings Corp. (Nasdaq: VG) reported a robust second quarter of 2021, with VCP service revenues increasing by 23% year-over-year to $260 million. The company also experienced significant growth in API revenues, which surged 40%. Consolidated revenues reached $351 million, up from $311 million in the previous year, with a net income of $62 thousand. Following a strong quarter, Vonage raised its full-year revenue guidance for the Vonage Communications Platform to between $1.095 billion and $1.106 billion.

Vonage Holdings Corp. (Nasdaq: VG) will release its second quarter 2021 financial results on August 5, 2021, before market opening. A conference call is scheduled for 8:30 AM ET to discuss these results. Investors can dial (877) 407-9716 to participate. A live webcast will be available on Vonage's Investor Relations website, along with a replay afterward. Vonage continues to lead in cloud communications, aiding businesses in their digital transformation through its programmable communication platform.

Vonage (Nasdaq: VG) has launched the Vonage Contact Center (VCC) for Service Cloud Voice, enhancing customer and agent experiences with global calling capabilities integrated directly with Salesforce Service Cloud. This solution supports omnichannel visibility, high-quality audio, and is available in over 80 countries. With a 4.9/5 rating on AppExchange from over 800 reviews, the VCC aims to drive significant growth in the future. The collaboration between Vonage and Salesforce has been emphasized as crucial to delivering this innovation.

Vonage (Nasdaq: VG) has announced the appointment of Stephen M. Ward, Jr. to its Board of Directors, effective immediately. Ward, a founding member of C3.ai and former CEO of Lenovo, brings extensive experience in enterprise software and emerging technologies. His addition increases the board to 11 members, 10 of whom are independent. Ward expressed enthusiasm for joining Vonage at a critical juncture, highlighting the company’s unique position to capitalize on digital transformation trends.

Vonage (Nasdaq: VG) has been recognized as a leader in the 2021 Aragon Research Globe for Unified Communications and Collaboration, marking the third consecutive year for this achievement. This acknowledgment highlights Vonage's strength in providing agile unified communications solutions through its Vonage Business Communications (VBC) platform. The platform integrates voice, video, and messaging, enhancing remote teamwork and customer interactions. CEO Jim Lundy emphasizes the growing demand for integrated solutions, positioning Vonage favorably in the competitive landscape.

Vonage Holdings Corp (NYSE: VG), a leader in cloud communications, announced upcoming presentations at several investor conferences:

• Needham Technology & Media Conference: May 17 at 3:45 PM ET
• Morgan Stanley: Life After Covid Conference: May 20 at 10:30 AM ET
• J.P. Morgan Global Technology Conference: May 24, One-on-one format
• William Blair Growth Stock Conference: June 1 at 1:00 PM ET
• Robert W. Baird Global Consumer Conference: June 9 at 8:30 AM ET
• Northland Customer Experience Conference: June 16 at 10:30 AM ET

A live webcast will be available on the Vonage Investor Relations site.

On May 10, 2021, Vonage (Nasdaq: VG) was recognized as a Leader in the IDC MarketScape: Worldwide Communications Platform as a Service 2021 Vendor Assessment. This marks the second consecutive time Vonage has achieved this distinction, underscoring its strength in providing cloud communications solutions tailored for digital transformation. The report emphasizes Vonage's comprehensive and innovative Communications Platform, which integrates API services across various verticals, enhancing customer engagement and operational efficiency.

Vonage Holdings Corp. (Nasdaq: VG) reported consolidated revenues of $333 million for Q1 2021, up from $297 million year-over-year. The Vonage Communications Platform (VCP) revenues reached $255 million, with a significant 23% increase in service revenues. API revenues grew 47%, driven by a 112% increase in high-value APIs. The net loss was $376 thousand, and adjusted EBITDA was $48 million. Looking ahead, the company forecasts VCP revenues of $1.062 billion to $1.071 billion for 2021.