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

Sangoma Technologies (NASDAQ:SANG) released its quarterly earnings results on Wednesday. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $60.93 million during the quarter, compared to the consensus estimate of $60.89 million. During the same period in the previous year, the company earned ($0.04) earnings per share. Sangoma Technologies updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Sangoma Technologies Stock Down 1.2 %

SANG traded down $0.07 during trading on Friday, reaching $5.64. The stock had a trading volume of 6,981 shares, compared to its average volume of 7,374. The stock’s 50 day moving average is $5.24 and its two-hundred day moving average is $4.97. The company has a market capitalization of $134.80 million, a price-to-earnings ratio of -6.02 and a beta of 1.47. 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 one year low of $2.18 and a one year high of $6.40.

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.