Vocera Communications, Inc. provides secure, integrated, and intelligent communication and workflow solutions that empowers mobile workers in healthcare, hospitality, retail, energy, education, and other mission-critical mobile work environments in the United States and internationally. The company's communication solution integrates with other clinical systems, including electronic health records, nurse call systems, and patient monitoring, as well as to provide critical data, alerts, alarms, and clinical context that enable workflow. It also offers Vocera Communication and Workflow System, a software platform, which connects communication devices, such as hands-free, wearable, and voice-controlled Smartbadge and badges, as well as third-party mobile devices; and Vocera Care Experience, a hosted software suite that coordinates and streamlines provider-to-patient and provider-to-provider communication and clinical rounding to enhance quality of care, patient and staff experience, reduce care provider's risk, and improve reimbursements, as well as Vocera Ease, a cloud-based communication platform and mobile application to enhance the patient experience by enabling friends and family members to receive timely updates about the progress of their loved one in the hospital. In addition, the company provides professional, software maintenance, and technical support services; and classroom training, distance learning, or customized courseware for systems administrators, IT and industry-specific professionals, and end-user educators. As of December 31, 2020, the company provided its solutions to approximately 1,900 healthcare facilities, including large hospital systems, small and medium-sized local hospitals, clinics, surgery centers, and aged-care facilities. It sells its products through direct sales force, resellers, and distributors. The company was incorporated in 2000 and is headquartered in San Jose, California.
IPO Year: 2012
Exchange: NYSE
Website: vocera.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/7/2022 | $79.00 | Outperform → Neutral | Baird |
| 1/7/2022 | $36.00 → $79.25 | Underperform → Market Perform | SVB Leerink |
| 1/7/2022 | $68.00 → $79.25 | Overweight → Neutral | Piper Sandler |
| 1/7/2022 | Buy → Neutral | BTIG | |
| 12/2/2021 | $70.00 | Buy | Jefferies |
| 10/29/2021 | $43.00 → $51.00 | Sector Perform | RBC Capital |
| 10/29/2021 | $34.00 → $36.00 | Underperform | SVB Leerink |
| 8/18/2021 | $40.00 → $44.00 | Equal-Weight | Morgan Stanley |
| 7/30/2021 | $32.00 → $34.00 | Underperform | SVB Leerink |
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SAN JOSE, Calif., Nov. 16, 2021 /PRNewswire-PRWeb/ -- Movella™ announced today the appointment of Stuart Huizinga, Brent Lang, and Patty Ross to the Movella Board of Directors. "We are pleased to welcome Stuart, Brent, and Patty to the Movella Board," said Ben Lee, Movella CEO. "Their deep experience in SaaS business models, health & sports markets and strong regulatory oversight will be invaluable to Movella as we enter our next stage of growth and pursue our mission to bring meaning to movement." Stuart Huizinga has served as a member of the Board of Directors and Chairman of the Audit Committee of QuinStreet (NASDAQ:QNST) since April 2015. Mr. Huizinga also currently serves as the Chief
Reports Preliminary Results for Second Quarter 2021 Outset Medical, Inc. (NASDAQ:OM) ("Outset"), a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexity of dialysis, today announced that Rebecca Chambers will step down from her position as Chief Financial Officer to pursue other opportunities, effective July 16, 2021. Nabeel Ahmed, current Vice President, Finance, has been named Interim Chief Financial Officer effective upon Ms. Chambers' departure. Outset announced that preliminary unaudited net revenue for the second quarter of 2021 is expected to be in the range of $24.5 million to $25.0 million, representing growth of 109% to 113% over
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Kalamazoo, MI, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) announced today that it has completed the previously announced acquisition of Vocera Communications, Inc. (NYSE:VCRA), a leader in digital care coordination and communication. "This acquisition provides significant opportunities to advance innovations and accelerate our digital aspirations," said Kevin Lobo, Chair and Chief Executive Officer, Stryker. "We welcome the Vocera team to Stryker and look forward to working together to enable safer patient care and help our customers improve outcomes." Vocera brings a highly complementary and innovative portfolio to Stryker's Medical division that will enhance the company's Adv
Vocera Communications, Inc. (NYSE:VCRA), a recognized leader in clinical communication and workflow solutions, today reported total revenue of $65.8 million for the fourth quarter of 2021, an increase of 16% compared to the fourth quarter of 2020. Fourth quarter of 2021 financial highlights include: Total revenue of $65.8 million, up 16% compared to $56.6 million last year GAAP net loss of $(0.7) million compared to a GAAP net income of $0.1 million last year Adjusted EBITDA of $16.2 million compared to $13.1 million last year Full-year revenue was $234.2 million, up 18% year-over-year Full-year bookings were $277.3 million, up 19% year-over-year Deferred revenue and backlog co
Hospital unifies communication to increase the safety and well-being of patients, families, and care teams Vocera Communications, Inc. (NYSE:VCRA), a recognized leader in clinical communication and workflow solutions, today announced that Jupiter Medical Center selected Vocera solutions to further enhance team communication and collaboration across the 248-bed hospital. Hospital leaders selected Vocera solutions to achieve several clinical and operational objectives, including streamlining communication among clinicians, fostering patient and team safety, creating a quiet healing environment, and enhancing communication with patients' families. Implementation of Vocera technology will ext
Vocera Communications, Inc. (NYSE:VCRA), a recognized leader in clinical communication and workflow solutions, today announced that it expects to release its fourth quarter financial results for the period ended December 31, 2021, on Thursday, Feb. 10, after market close. In light of the company entering into a definitive agreement to be acquired by Stryker, previously announced on January 6, 2022, management will not host a conference call associated with the release. The release will be archived on the Vocera website. About Vocera The mission of Vocera Communications, Inc. is to improve the lives of healthcare professionals, patients, and families. Founded in 2000, Vocera provides clin
Kalamazoo, Michigan, Jan. 25, 2022 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) today announced that it is commencing, through a wholly owned subsidiary, Voice Merger Sub Corp., a cash tender offer to purchase all outstanding shares of common stock of Vocera Communications, Inc. (NYSE:VCRA) for $79.25 per share in cash. The offer is being made pursuant to the previously announced merger agreement, dated as of January 6, 2022, among Stryker, Voice Merger Sub Corp. and Vocera. The tender offer is scheduled to expire at one minute past 11:59 p.m. Eastern Time, on February 22, 2022, unless extended in accordance with the terms of the merger agreement. The tender offer is subject to various conditio
Kalamazoo, Michigan, Jan. 06, 2022 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) announced today a definitive merger agreement to acquire all of the issued and outstanding shares of common stock of Vocera Communications, Inc. (NYSE:VCRA) for $79.25 per share, or a total equity value of approximately $2.97 billion and a total enterprise value of approximately $3.09 billion (including convertible notes). Vocera, which was founded in 2000, has emerged as a leading platform in the digital care coordination and communication category. The importance of this growing segment has continued to expand throughout the pandemic as it aims to reduce cognitive overload for caregivers and enables them to deliver
SAN JOSE, Calif., Nov. 16, 2021 /PRNewswire-PRWeb/ -- Movella™ announced today the appointment of Stuart Huizinga, Brent Lang, and Patty Ross to the Movella Board of Directors. "We are pleased to welcome Stuart, Brent, and Patty to the Movella Board," said Ben Lee, Movella CEO. "Their deep experience in SaaS business models, health & sports markets and strong regulatory oversight will be invaluable to Movella as we enter our next stage of growth and pursue our mission to bring meaning to movement." Stuart Huizinga has served as a member of the Board of Directors and Chairman of the Audit Committee of QuinStreet (NASDAQ:QNST) since April 2015. Mr. Huizinga also currently serves as the Chief
Vocera skill for Alexa to advance care team communication Vocera Communications, Inc. (NYSE:VCRA), a recognized leader in clinical communication and workflow solutions, today announced it collaborated with Amazon to build a Vocera skill for Alexa. The skill leverages a set of technologies from Alexa Smart Properties and will be HIPAA-eligible for healthcare customers. The Vocera skill for Alexa will expand the Vocera ecosystem to provide a hands-free and immersive voice experience to patients and families. The new Vocera skill for Alexa is designed to make it easier and faster for patients and families to get information about their stay and reach the right care team members with simple vo
Vocera Communications, Inc. (NYSE:VCRA), a recognized leader in clinical communication and workflow solutions, today reported total revenue of $63.6 million for the third quarter of 2021, an increase of 18% compared to the third quarter of 2020. "The third quarter was another fantastic quarter for our business with strong growth and customer success," said Brent Lang, Chairman and CEO of Vocera. "Our market leadership in both the commercial and federal healthcare markets continued with impressive bookings and revenue growth, demonstrating the value of our unique solutions and the strong execution by our team." Third quarter of 2021 financial highlights include: Total revenue of $63.6 mi
Vocera Communications, Inc. (NYSE:VCRA), a recognized leader in clinical communication and workflow solutions, announced its participation in the following upcoming virtual investor conferences. On November 9, Vocera Chairman and CEO Brent Lang and CFO Steve Anheier will participate in virtual one-on-one meetings at the Berenberg CEO Conference. On November 10, Anheier will participate in the CSFB Healthcare Conference, including online one-on-one meetings and a virtual fireside chat at 1:50 p.m. ET. On November 18, Anheier will participate in the Jefferies London Healthcare Conference, which includes a virtual fireside chat that will be posted to investors.vocera.com on that day. O
Kalamazoo, MI, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) announced today that it has completed the previously announced acquisition of Vocera Communications, Inc. (NYSE:VCRA), a leader in digital care coordination and communication. "This acquisition provides significant opportunities to advance innovations and accelerate our digital aspirations," said Kevin Lobo, Chair and Chief Executive Officer, Stryker. "We welcome the Vocera team to Stryker and look forward to working together to enable safer patient care and help our customers improve outcomes." Vocera brings a highly complementary and innovative portfolio to Stryker's Medical division that will enhance the company's Adv
Vocera Communications, Inc. (NYSE:VCRA), a recognized leader in clinical communication and workflow solutions, today reported total revenue of $65.8 million for the fourth quarter of 2021, an increase of 16% compared to the fourth quarter of 2020. Fourth quarter of 2021 financial highlights include: Total revenue of $65.8 million, up 16% compared to $56.6 million last year GAAP net loss of $(0.7) million compared to a GAAP net income of $0.1 million last year Adjusted EBITDA of $16.2 million compared to $13.1 million last year Full-year revenue was $234.2 million, up 18% year-over-year Full-year bookings were $277.3 million, up 19% year-over-year Deferred revenue and backlog co
Vocera Communications, Inc. (NYSE:VCRA), a recognized leader in clinical communication and workflow solutions, today announced that it expects to release its fourth quarter financial results for the period ended December 31, 2021, on Thursday, Feb. 10, after market close. In light of the company entering into a definitive agreement to be acquired by Stryker, previously announced on January 6, 2022, management will not host a conference call associated with the release. The release will be archived on the Vocera website. About Vocera The mission of Vocera Communications, Inc. is to improve the lives of healthcare professionals, patients, and families. Founded in 2000, Vocera provides clin
Kalamazoo, Michigan, Jan. 06, 2022 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) announced today a definitive merger agreement to acquire all of the issued and outstanding shares of common stock of Vocera Communications, Inc. (NYSE:VCRA) for $79.25 per share, or a total equity value of approximately $2.97 billion and a total enterprise value of approximately $3.09 billion (including convertible notes). Vocera, which was founded in 2000, has emerged as a leading platform in the digital care coordination and communication category. The importance of this growing segment has continued to expand throughout the pandemic as it aims to reduce cognitive overload for caregivers and enables them to deliver
Vocera Communications, Inc. (NYSE:VCRA), a recognized leader in clinical communication and workflow solutions, today reported total revenue of $63.6 million for the third quarter of 2021, an increase of 18% compared to the third quarter of 2020. "The third quarter was another fantastic quarter for our business with strong growth and customer success," said Brent Lang, Chairman and CEO of Vocera. "Our market leadership in both the commercial and federal healthcare markets continued with impressive bookings and revenue growth, demonstrating the value of our unique solutions and the strong execution by our team." Third quarter of 2021 financial highlights include: Total revenue of $63.6 mi
Vocera Communications, Inc. (NYSE:VCRA), a recognized leader in clinical communication and workflow solutions, today announced that it expects to release its third quarter financial results for the period ended September 30, 2021, on Thursday, Oct. 28, after market close. In conjunction with a press release, management will host a conference call at 5 p.m. ET that afternoon. A free, live webcast of the conference call will be available on the investors section of the company's website at investors.vocera.com. The call also can be accessed by dialing 844-200-6205, or +1 929-526-1599 for international callers, and using the access code 231016. A replay of the call will be archived on the V
Vocera Communications, Inc. (NYSE:VCRA), a recognized leader in clinical communication and workflow solutions, today reported total revenue of $56.2 million for the second quarter of 2021, an increase of 19% compared to the second quarter of 2020. "We just completed the strongest second quarter in the company's history," said Brent Lang, Chairman and CEO of Vocera. "The strength was broad based across our business, with large hospital system wins driving software growth. We believe our solution is a rising priority for hospitals, and our market leadership position is translating into consistent, excellent performance." Second quarter of 2021 financial highlights include: Total revenue o
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Baird downgraded Vocera Communications from Outperform to Neutral and set a new price target of $79.00
SVB Leerink upgraded Vocera Communications from Underperform to Market Perform and set a new price target of $79.25 from $36.00 previously
Piper Sandler downgraded Vocera Communications from Overweight to Neutral and set a new price target of $79.25 from $68.00 previously
BTIG downgraded Vocera Communications from Buy to Neutral
Jefferies resumed coverage of Vocera with a rating of Buy and set a new price target of $70.00
RBC Capital reiterated coverage of Vocera Communications with a rating of Sector Perform and set a new price target of $51.00 from $43.00 previously
SVB Leerink reiterated coverage of Vocera Communications with a rating of Underperform and set a new price target of $36.00 from $34.00 previously
Morgan Stanley reiterated coverage of Vocera Communications with a rating of Equal-Weight and set a new price target of $44.00 from $40.00 previously
SVB Leerink reiterated coverage of Vocera Communications with a rating of Underperform and set a new price target of $34.00 from $32.00 previously
Berenberg initiated coverage of Vocera with a rating of Buy and set a new price target of $46.00