Sangoma Technologies (NASDAQ:SANG) Releases Earnings Results, Misses Expectations By $0.03 EPS

Sangoma Technologies (NASDAQ:SANG) announced its earnings results on Wednesday. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.03), Zacks reports. Sangoma Technologies had a negative return on equity of 3.12% and a negative net margin of 3.32%. Sangoma Technologies updated its FY 2025 guidance to EPS.

Sangoma Technologies Trading Down 1.1 %

Shares of NASDAQ:SANG traded down $0.08 during midday trading on Wednesday, reaching $7.25. The company’s stock had a trading volume of 4,807 shares, compared to its average volume of 11,244. The firm has a 50 day moving average price of $6.90 and a two-hundred day moving average price of $6.08. Sangoma Technologies has a fifty-two week low of $2.78 and a fifty-two week high of $7.99. The firm has a market capitalization of $241.72 million, a price-to-earnings ratio of -29.00 and a beta of 1.35. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.68 and a current ratio of 0.91.

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.