Sangoma Technologies (NASDAQ:SANG) Releases Earnings Results, Misses Expectations By $0.01 EPS

Sangoma Technologies (NASDAQ:SANG) released its quarterly earnings data on Wednesday. The company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.01), Zacks reports. The firm had revenue of $60.93 million during 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 last year, the business posted ($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 1.2 %

Sangoma Technologies stock traded down $0.07 during mid-day trading on Friday, hitting $5.64. The company’s stock had a trading volume of 6,981 shares, compared to its average volume of 7,374. The business has a 50 day moving average price of $5.24 and a 200-day moving average price of $4.97. Sangoma Technologies has a 12 month low of $2.18 and a 12 month high of $6.40. The stock has a market cap of $134.80 million, a price-to-earnings ratio of -6.02 and a beta of 1.47. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.04 and a quick ratio of 0.77.

Sangoma Technologies Company Profile

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.