Sangoma Technologies (SANG) Set to Announce Quarterly Earnings on Wednesday

Sangoma Technologies (NASDAQ:SANG) is set to announce its earnings results after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of ($0.05) per share for the quarter. Sangoma Technologies has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.

Sangoma Technologies (NASDAQ:SANG) last issued its quarterly earnings results on Wednesday, September 18th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.01). Sangoma Technologies had a negative net margin of 3.50% and a negative return on equity of 3.31%. The firm had revenue of $60.93 million for the quarter, compared to analyst estimates of $60.89 million. During the same quarter last year, the business posted ($0.04) earnings per share. On average, analysts expect Sangoma Technologies to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Sangoma Technologies Price Performance

Shares of SANG stock traded up $0.03 during mid-day trading on Tuesday, hitting $6.24. 5,504 shares of the stock traded hands, compared to its average volume of 6,322. Sangoma Technologies has a twelve month low of $2.18 and a twelve month high of $6.43. The firm has a market cap of $208.04 million, a price-to-earnings ratio of -24.00 and a beta of 1.45. The company’s 50-day simple moving average is $5.65 and its 200-day simple moving average is $5.22. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.70 and a current ratio of 0.95.

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.