Sangoma Technologies (NASDAQ:SANG) Releases Earnings Results

Sangoma Technologies (NASDAQ:SANG) announced its quarterly earnings data on Wednesday. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.01), Zacks reports. The firm had revenue of $60.93 million for the quarter, compared to the consensus estimate of $60.89 million. Sangoma Technologies had a negative net margin of 12.23% and a negative return on equity of 3.07%. During the same quarter in the previous year, the business earned ($0.04) earnings per share. Sangoma Technologies updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Sangoma Technologies Trading Down 1.8 %

SANG stock traded down $0.10 during midday trading on Friday, reaching $5.61. The company’s stock had a trading volume of 13,143 shares, compared to its average volume of 7,410. The firm has a market capitalization of $134.08 million, a price-to-earnings ratio of -6.02 and a beta of 1.47. Sangoma Technologies has a 1 year low of $2.18 and a 1 year high of $6.40. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.77 and a current ratio of 1.04. The stock has a fifty day simple moving average of $5.24 and a two-hundred day simple moving average of $4.97.

About Sangoma Technologies

Sangoma Technologies Corporation develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications worldwide. The company offers Switchvox, a voice over internet protocol phone system; Switchvox Cloud, a unified communications solution, as well as provides cloud communication solutions.