Sangoma Technologies (NASDAQ:SANG) Posts Earnings Results, Misses Estimates By $0.01 EPS

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

Sangoma Technologies Trading Down 1.9 %

Shares of Sangoma Technologies stock traded down $0.11 on Friday, reaching $5.60. 70 shares of the company were exchanged, compared to its average volume of 7,332. The company has a current ratio of 1.04, a quick ratio of 0.77 and a debt-to-equity ratio of 0.30. Sangoma Technologies has a fifty-two week low of $2.18 and a fifty-two week high of $6.40. The firm has a market capitalization of $133.84 million, a price-to-earnings ratio of -6.14 and a beta of 1.47. The stock has a fifty day moving average price of $5.22 and a 200-day moving average price of $4.96.

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.