BroadSoft: Hosted VoIP and Unified Communications Provider's Stock Skyrockets Due to Release of Quarter 2 Numbers

8/7/2012- Votacall Hosted VoIP & Cloud Based UC Solutions- Boston, Massachusetts- The past few months have been a roller coaster ride for BroadSoft, a Unified Communications and hosted VoIP Provider. A month ago, the stock was downgraded from a hold to a sell and this created a panic among investors. The majority of stockholder began to sell and the stock value plummeted. Yesterday they rebounded when they released their quarter 2 numbers, these numbers exceeded analysts expectations and created intrigue in the stock. The revenue number jumped 26% from last year and exceeded the analysts prediction of $37.3 million by a couple million at $40.5. The company has a couple ideas for this positive increase, the $22 million acquisition of Adaption Technologies Ventures Ltd., which manufactures tools for communicating through Internet connections. BroadSoft expects the company to add a minimum of $500,000 in revenue per quarter and add 2 cents per share. This may seem like a small move, but in such a competitive telecom industry, every little boost in revenue will improve investor confidence. As I am writing this, the stock is currently at $36.39, up $8.41 or 30.22%. When I saw that BroadSoft was downgraded to a sell stock I panicked because I work for All Business Communications (ABCNA), a BroadSoft partner. Being a partner/agent to them, our success has a direct impact on how they are doing relative to the market. Their increase in revenue has come directly from their recent acquisition and the immediate product line expansion. Most of the industry competitors have seen an increase in stock today, but none have performed as strongly as BroadSoft (BSFT). Polycom (PLCM) is up .48 cents (5.32%), while this number is minuscule compared to BroadSoft, it remains a positive for the company and the industry as a whole. When the market is doing well, the whole industry should flourish and can battle each other for market cap. Broadsoft's market cap has increased to just around 1 billion; this has increased from 700 million since I started working with ABCNA and its Cloud Communication company Votacall a couple months ago. The BroadSoft stock has done so well today that the stock graph on Yahoo-Finance looks unreal. The graph jumps up to almost double the value, making it look like a glitch in the software and stock numbers. But don't get confused, this stock number is correct and should continue to stay steady as BroadSoft continues to grow and expand its product lines; with the hope of increasing revenue every quarter.