Sangoma Technologies (NASDAQ:SANG) Issues Quarterly Earnings Results

Sangoma Technologies (NASDAQ:SANG) announced its quarterly 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 business had revenue of $60.93 million for the quarter, compared to analyst estimates of $60.89 million. During the same quarter last year, the company earned ($0.04) EPS. Sangoma Technologies updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Sangoma Technologies Stock Performance

Shares of Sangoma Technologies stock traded down $0.11 on Friday, reaching $5.60. The stock had a trading volume of 70 shares, compared to its average volume of 7,332. The stock has a market cap of $133.84 million, a P/E ratio of -6.14 and a beta of 1.47. The business’s 50-day moving average price is $5.22 and its two-hundred day moving average price is $4.96. Sangoma Technologies has a fifty-two week low of $2.18 and a fifty-two week 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.

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.