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Old 08-01-2006, 09:24 PM
Marlin Marlin is offline
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Join Date: Jul 2006
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Default Vonage losing money

Quote:
- Internet phone company Vonage Holdings Corp. (VG.N: Quote, Profile, Research) on Tuesday reported a wider net loss for the second quarter as it spent heavily to market its Web-based calling service.

Vonage, whose shares have lost more than half their value since going public in May, said its loss widened by 16.5 percent to $74.1 million, or $1.16 per share. The company's loss in the same quarter a year ago was $63.6 million.
http://today.reuters.com/investing/f...S-UPDATE-1.XML
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