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VOCERA COMMUNICATIONS, INC.

No Longer Reporting

The company has not filed an annual or quarterly report since its FY2021 10-K, filed Feb 22, 2022. Its latest SEC filing is a SC 13G/A from Mar 10, 2022.

The sections below describe the company as of the FY2021 annual report.

What Did They Do?

Provides secure communication and clinical workflow solutions, including software, wearable devices and smartphone apps, for healthcare teams and mobile workers in hospitality, retail and other mission-critical settings.

How Did They Make Money?

Customers pay for devices and software licenses when hardware ships or licenses are delivered; they also pay for subscriptions and support over the service term, and for professional services as the work is performed.

revenue

Who Were Their Customers?

Vocera sells solutions mainly to hospitals and health systems, as well as clinics and other healthcare facilities. It sells primarily through its U.S. direct sales force, using resellers for government and selected markets and direct sales and select distributors internationally.

Did Revenues Turn Into Profits?

No. It lost $8.5M in .

Operating income,
−2% of revenue
▲ 0% (Loss) vs (−$4.1M, −2%)
Net income,
−4% of revenue
▼ −12% (Loss) vs (−$9.7M, −5%)

How Were They Changing?

Since the FY2021 annual report
  • Feb 23, 2022 Stryker completed its merger with Vocera and took control Vocera became a wholly owned subsidiary and sought suspension of NYSE trading and delisting.

Grew. Revenue grew 41% in 4 years, from $166M in to $234.2M in , about 9% a year.

New clinical communication products The latest portfolio includes Vocera Ease, a cloud-based app for family updates, and Vocera Edge, a smartphone clinical communication and workflow solution; the older portfolio included a membership-based patient-experience network.

Revenue over time
Product Service
$250M$125M$0

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