VoIP group posts 141 percent rise in Q2 revenue



2 August 2006 — Holmdel (NJ): Vonage Holdings, the VoIP group, has posted a 141 percent rise in Q2 revenue to $143 million, from $59 million in the year-ago quarter.


The company attributes the rise to subscriber line growth and an increase in average monthly revenue per line.


For the first time in company history, Q2 net loss fell to $74 million or loss per share of $1.16, compared to a loss of $63.6 million in the previous year or $46.32 per share.