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Vocera Communications (VCRA) reported Q4 2021 revenue of $65.8 million, up 16% year-over-year from $56.6 million. Full-year revenue rose 18% to $234.2 million, with bookings up 19% at $277.3 million. Despite growth, the company recorded a GAAP net loss of $(0.7 million), down from a GAAP net income of $0.1 million in Q4 2020. The merger with Stryker is set to close in Q1 2022, with a tender offer price of $79.25 per share.
Vocera Communications (NYSE:VCRA) has been selected by Jupiter Medical Center to enhance communication and collaboration within its 248-bed facility. The implementation aims to improve clinician communication, promote patient safety, and create a tranquil healing environment. Notably, the deployment includes the Vocera Smartbadge and Edge applications, allowing secure messaging and patient-centric notifications. This partnership is anticipated to streamline operations and reduce alarm fatigue, ultimately boosting patient satisfaction and care quality.
Vocera Communications, Inc. (NYSE:VCRA) announced it will release its fourth quarter financial results for the period ended December 31, 2021, on February 10, 2022, after market close. The financial results release follows the definitive acquisition agreement with Stryker, announced on January 6, 2022. Consequently, no conference call will be held for this release. Vocera continues to enhance healthcare communication and workflow solutions, serving over 2,300 facilities, including 1,900 hospitals worldwide.
Vocera Communications (VCRA) has partnered with Amazon to develop a new skill for Alexa, aimed at enhancing communication between care teams and patients in healthcare settings. This HIPAA-eligible solution allows patients to request information and reach care team members via voice commands using Amazon Echo devices. The initiative is designed to streamline workflows, reduce interruptions, and improve patient experience by delivering updates on requests and addressing common inquiries automatically. With over 20 years in voice technology, Vocera aims to enhance safety and efficiency in healthcare.
Vocera Communications, Inc. (NYSE:VCRA) has entered into a reseller agreement with MDI Medical Limited in Ireland, enhancing the availability of its clinical communication solutions in the region. MDI Medical will sell Vocera's diverse offerings, including hands-free devices and secure messaging applications. This partnership aims to improve communication and operational efficiency within Irish hospitals, supporting patient safety and staff response times. Vocera solutions integrate over 150 clinical systems, further optimizing workflow and reducing clinician overload.
Vocera Communications (NYSE: VCRA) reported Q3 2021 total revenue of $63.6 million, marking an 18% increase year-over-year. Despite strong growth, GAAP net income fell to $2.1 million from $4.2 million in Q3 2020. Adjusted EBITDA rose to $15.3 million, while deferred revenue surges 67% to $252.7 million. The company has revised its 2021 guidance, expecting revenue between $226.0 million and $233.0 million, and non-GAAP diluted EPS between $0.62 and $0.72.
Vocera Communications, Inc. (NYSE:VCRA) announced its participation in several upcoming virtual investor conferences. Key events include:
- November 9: Chairman and CEO Brent Lang and CFO Steve Anheier at the Berenberg CEO Conference.
- November 10: Anheier at the CSFB Healthcare Conference.
- November 18: Anheier at the Jefferies London Healthcare Conference.
- November 29: Lang at the Stephens Inc. Annual Investment Conference.
- December 2: Lang at the Piper Jaffray Healthcare Conference. Presentations will be available as webcasts on the company’s investor website.
Vocera Communications, Inc. (NYSE:VCRA) will announce its third quarter financial results for the period ended September 30, 2021, on Thursday, Oct. 28, after market close. A live conference call with management will take place at 5 p.m. ET the same day. Investors can access the call through the company’s investor website or by dialing 844-200-6205 (international: +1 929-526-1599) using access code 231016. A replay will be available on the Vocera website following the call.
Vocera Communications (NYSE:VCRA) has been recognized as a top vendor in KLAS's Clinical Communication Platforms 2021 report, highlighting its enterprise-wide deployment success and positive outcomes in communication. The report indicates significant enhancements in operational efficiency, interoperability, and clinician satisfaction with EHR systems due to Vocera's robust solutions. Notably, the launch of Vocera Edge brings unique bi-directional integration capabilities, reducing medication errors and optimizing patient care. Overall, the feedback emphasizes time and cost savings through replacing outdated communication tools.
Vocera Communications (NYSE:VCRA) announced the deployment of its Vocera Badge at Royal Stoke University Hospital to enhance communication in the emergency department. The hands-free devices, funded by a COVID-19 response grant, facilitate safe connectivity for healthcare workers while in PPE. This deployment is expected to streamline patient care, reduce delays, and improve overall safety. Following the positive impact, the technology will soon be implemented at County Hospital. Vocera aims to continue improving healthcare communication solutions worldwide.
