Exhibit 99.1
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Vonage 2017 Results Powered by 33% GAAP Business Revenue Growth; Company Continues to Execute on Its Strategic Growth Initiatives
  
2017 Consolidated Revenues of $1.0 Billion, a 5% Increase Over 2016
2017 Income from Operations of $59 Million, Adjusted OIBDA of $180 Million
Fourth Quarter Vonage Business Revenues of $134 Million, a 21% Year-Over-Year GAAP increase
Fourth Quarter CPaaS Revenues of $40 Million, a 50% Year-Over-Year GAAP Increase; 36% Pro-forma Increase
Released Vonage Business Cloud, Next-generation Proprietary Communications Platform


Holmdel, NJ, February 21, 2018 - Vonage Holdings Corp. (NYSE: VG), a business cloud communications leader, today announced results for the quarter and full year ended December 31, 2017.

Consolidated Results
“We had an excellent fourth quarter concluding a transformational year, highlighted by consolidated revenues crossing the billion dollar mark, Vonage Business becoming our majority revenue segment, and record OIBDA of $180 million,” said Vonage CEO Alan Masarek.
“In addition to our strong financial performance, we continued to innovate aggressively to transform Vonage into a differentiated business cloud communications company. Vonage’s unique offering provides better business outcomes for our customers by enabling them to operate more efficiently and engage their customers in new, more meaningful ways. Our end-to-end solution is particularly critical as cloud adoption moves up market, and larger companies undergo their own digital transformations.”
For the full year 2017, Vonage reported revenues of $1.0 billion, up from $956 million in the prior year. Income from operations was $59 million, up from $44 million in the prior year. Adjusted Operating Income Before Depreciation and Amortization ("Adjusted OIBDA")1 was $180 million, a 13% increase over the prior year. GAAP net income was a loss of $34 million or $(0.15) per



The following information was filed by Vonage Holdings Corp (VG) on Wednesday, February 21, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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