Exhibit 99.1
VONAGE HOLDINGS CORP.
RECONCILIATION OF GAAP REVENUES TO ADJUSTED REVENUES
(Dollars in thousands)
(unaudited)
Three Months Ended | Nine Months Ended | ||||||||||||||||||
September 30, | June 30, | September 30, | September 30, | ||||||||||||||||
2019 | 2019 | 2018 | 2019 | 2018 | |||||||||||||||
Revenues | $ | 302,534 | $ | 297,584 | $ | 261,531 | $ | 879,659 | $ | 774,979 | |||||||||
Deferred revenue adjustment from acquired companies | 760 | 1,656 | — | 4,915 | — | ||||||||||||||
Revenue from acquired companies (prior to acquisition) less revenue from divested businesses | — | — | 19,052 | — | 57,089 | ||||||||||||||
Outage credits and significant one-time items | — | (440 | ) | — | (440 | ) | 933 | ||||||||||||
Adjusted revenues | $ | 303,294 | $ | 298,800 | $ | 280,583 | $ | 884,134 | $ | 833,001 |