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

Sangoma Technologies (NASDAQ:SANG) posted its 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 net margin of 12.23% and a negative return on equity of 3.07%. The business had revenue of $60.93 million during the quarter, compared to analyst estimates of $60.89 million. During the same quarter last year, the firm 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 Performance

Shares of NASDAQ:SANG traded down $0.10 during midday trading on Friday, hitting $5.61. The company’s stock had a trading volume of 5,954 shares, compared to its average volume of 7,367. 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. The stock has a market capitalization of $134.08 million, a price-to-earnings ratio of -6.02 and a beta of 1.47. The stock’s 50 day simple moving average is $5.24 and its 200 day simple moving average is $4.97.

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.