Vocera Communications provides mobile communication solutions for hospital staff and mobile workers across diverse enterprise organizations. The Company helps customers improve patient safety and satisfaction, and increase hospital efficiency and productivity through Voice Communication solution, Secure Messaging applications, and Care Transition solutions. Endorsed by the American Hospital Association, the Vocera solutions are installed in hospitals and healthcare facilities worldwide.

Employee Rating

3.5More
TypePublic
HQSan Jose, US
Founded2000
Size (employees)590 (est)+2%
Websitevocera.com
Vocera was founded in 2000 and is headquartered in San Jose, US
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Key People/Management at Vocera

Brent D. Lang

Brent D. Lang

President and CEO
Justin Spencer

Justin Spencer

CFO
Steve Tyler

Steve Tyler

Chief Technology Officer
Bridget Duffy

Bridget Duffy

Chief Medical Officer
Arun Mirchandani

Arun Mirchandani

Senior Vice President of Research & Development
Todd Plesko

Todd Plesko

Vice President of Product Strategy
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Vocera Office Locations

Vocera has offices in Bengaluru, Dubai, Toronto, Reading and in 5 other locations
San Jose, US (HQ)
525 Race Street
Fort Wayne, US
1950 W Cook Rd
Knoxville, US
280 2030 Falling Waters Rd
San Francisco, US
1310 1 Embarcadero Center
Sydney, AU
2 201 Sussex St
Toronto, CA
8 Market Street, Suite 300
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Vocera Financials and Metrics

Vocera Revenue

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Vocera's revenue was reported to be $162.55 m in FY, 2017
USD

Revenue (Q3, 2018)

47.8m

Gross profit (Q3, 2018)

31.1m

Gross profit margin (Q3, 2018), %

65.1%

Net income (Q3, 2018)

(249.0k)

EBIT (Q3, 2018)

1.1m

Market capitalization (9-Nov-2018)

1.1b

Closing stock price (9-Nov-2018)

36.2

Cash (30-Sep-2018)

33.0m
Vocera's current market capitalization is $1.1 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

102.5m95.4m104.1m127.7m162.5m

Revenue growth, %

(7%)9%23%

Cost of goods sold

38.3m37.2m39.5m49.1m64.9m

Gross profit

64.2m58.2m64.6m78.6m97.6m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

24.7m23.0m23.1m23.8m25.4m26.5m26.8m31.2m33.8m36.3m38.5m42.3m40.2m42.7m47.8m

Cost of goods sold

9.8m8.9m9.6m9.3m9.6m10.2m10.1m12.1m12.3m15.6m16.8m16.4m16.3m17.0m16.7m

Gross profit

14.9m14.1m13.5m14.5m15.8m16.2m16.7m19.1m21.5m20.7m21.7m25.9m23.9m25.7m31.1m

Gross profit Margin, %

60%61%59%61%62%61%62%61%64%57%56%61%59%60%65%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

39.7m22.6m20.6m35.0m28.7m

Accounts Receivable

23.5m18.0m22.6m24.1m35.1m

Prepaid Expenses

2.0m2.2m3.4m

Inventories

5.7m3.5m2.7m4.6m2.8m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

25.9m17.0m16.2m24.3m10.0m16.4m22.4m26.4m41.1m43.1m31.6m14.8m28.9m27.5m33.0m

Accounts Receivable

14.1m14.5m15.5m14.4m19.1m17.8m24.6m25.0m35.5m

Prepaid Expenses

2.7m2.1m2.3m2.2m2.3m2.8m3.8m4.1m4.8m

Inventories

5.3m4.4m4.2m2.7m1.7m1.9m3.6m4.4m4.1m3.7m3.5m3.1m3.6m3.9m3.7m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(10.5m)(28.3m)(17.1m)(17.3m)(14.2m)

Depreciation and Amortization

2.5m3.0m3.3m3.8m7.6m

Inventories

(3.0m)1.9m632.0k(2.0m)1.4m

Accounts Payable

690.0k(1.7m)1.1m170.0k(611.0k)
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(6.4m)(13.4m)(21.3m)4.5m9.7m14.1m3.6m6.3m7.5m6.6m14.0m16.9m4.8m(8.3m)(8.6m)

Depreciation and Amortization

734.0k1.5m2.2m845.0k1.7m2.5m726.0k1.5m2.3m1.8m3.8m5.8m2.0m3.8m5.7m

Inventories

311.0k1.2m1.1m672.0k1.6m1.4m(903.0k)(1.8m)(1.5m)761.0k958.0k1.3m(763.0k)(1.1m)(863.0k)

Accounts Payable

(881.0k)(573.0k)(1.0m)1.5m651.0k1.2m568.0k548.0k(414.0k)(138.0k)(622.0k)(436.0k)1.8m(184.0k)435.0k
USDY, 2018

Financial Leverage

2.2 x
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Vocera Operating Metrics

Vocera's Backlog was reported to be $69.5m in FY, 2016.
FY, 2013FY, 2014FY, 2015FY, 2016

Hospitals

970 1.04 k1.15 k1.40 k

Backlog

$24.40 m$33.10 m$58.20 m$69.50 m

Twelve-month Backlog

$3.80 m$3.10 m$28.70 m$31.10 m

Integrations

60 70 120
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Vocera Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Extension HealthcareOctober 28, 2016$55 m
mVisumJanuary 14, 2014
Wallace WirelessJanuary 10, 2011
Extension, LLC
Vocera Canada, Ltd.
Vocera Communications Australia Pty Ltd.
Vocera Communications India Private Limited
Vocera Communications Middle East FZ LLC
Vocera Communications UK Ltd.

Vocera Revenue Breakdown

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Vocera revenue breakdown by business segment: 44.7% from Service and 55.3% from Product

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Vocera Online and Social Media Presence

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Vocera News and Updates

Vocera Report Is a Call to Action to Engage Patients Differently in the Future of Caring

SAN JOSE, Calif.--( )-- Vocera Communications, Inc. (NYSE:VCRA), a recognized leader in clinical communication and workflow solutions, today announced the company's thought leadership and research collaborative, the Experience Innovation Network, has released the fi…

ED communications badges reduce security response times, foster sense of safety

SUNY Upstate Medical emergency department staff dealing with violent patients say the badges allow them to summon hospital public safety staff in just over a minute.

SMS: The digital health tool of the century

Leading hospitals deploying secure messaging are finding that once the technology is in use, it opens up new doors to more innovation.
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Vocera Blogs

Physician Communication: Removing Hassles for On-Call Providers and the Clinicians Trying to Reach Them

Language English Quality and Safety in Patient Care Meg Shaw, a nurse on a hospital’s rapid response team, completes an examination of a patient recovering from surgery. The patient’s primary nurse had requested rapid response team assistance after being alerted that h…

Smartphones in Healthcare: Does Everybody Really Need One?

Language English Earlier this year, KLAS issued its first report about smartphone usage in healthcare, titled Clinical Mobility 2018 – Leveraging a Smartphone Strategy. It offers a lot of valuable information to help hospitals decide on which smartphones to deploy. The…

Co-Architecting Healthcare Transformation: How Patients and Families Will Shape the Future of Caring

Language English The team at the Experience Innovation Network, part of Vocera, spent the past few months talking with patients and families who have experience working with health systems to drive improvement. We also spoke with health system leaders responsible for i…

Hospital Communication: How Many Apps Does It Take to Make a Phone Call?

Language English 1 Doctor, 1 Patient, 5 Apps: A True Tale A physician needed to perform emergency surgery at a hospital that was in the same large integrated delivery network she worked in, but not her home hospital. As she set out to prep for the case, she needed to contac…

Transforming Healthcare Communication to Improve Patient Care

Language English We’re pleased to share an excerpt of a blog from Lori Dickinson, Senior Director of Technical Support at Vocera, published on the HIMSS National Health IT Week website. Read the full blog and others commemorating this week here.  I have a friend who is…

Real-Time Healthcare Analytics: Monitor, Predict, Nudge, Act

Language English It was a Monday night, the busiest time in the ED. The ED charge nurse received an alert on her Vocera smartphone app. The alert was from Qventus, which predicts operational bottlenecks and recommends course corrections. The alert was telling the charg…
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Vocera Company Life and Culture

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Vocera Frequently Asked Questions

  • When was Vocera founded?

    Vocera was founded in 2000.

  • Who are Vocera key executives?

    Vocera's key executives are Brent D. Lang, Justin Spencer and Steve Tyler.

  • How many employees does Vocera have?

    Vocera has 590 employees.

  • What is Vocera revenue?

    Latest Vocera annual revenue is $162.5 m.

  • What is Vocera revenue per employee?

    Latest Vocera revenue per employee is $275.5 k.

  • Who are Vocera competitors?

    Competitors of Vocera include Huaptec, Accelleran and iQsim.

  • Where is Vocera headquarters?

    Vocera headquarters is located at 525 Race Street, San Jose.

  • Where are Vocera offices?

    Vocera has offices in Bengaluru, Dubai, Toronto, Reading and in 5 other locations.

  • How many offices does Vocera have?

    Vocera has 9 offices.