MagicJack (NASDAQ:CALL) announced that it expects revenue in the fourth quarter to exceed estimates. The company expects quarterly sales to exceed $39 million, beating estimates of $38.85 million. The company is benefiting from a mobile app, and also announced a settlement of disputes with Verizon (NYSE:VZ). The company hopes to settles disputes with AT&T (NYSE:T) soon.
Shares are higher by about 7.2 percent in early trading.
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