Sangoma Technologies (TSE:STC) Issues Quarterly Earnings Results

Sangoma Technologies (TSE:STC) announced its quarterly earnings data on Monday. The company reported C($3.11) EPS for the quarter, FiscalAI reports. Sangoma Technologies had a negative net margin of 37.55% and a negative return on equity of 34.04%. The firm had revenue of C$71.17 million for the quarter.

Sangoma Technologies Stock Up 38.2%

Shares of Sangoma Technologies stock opened at C$6.98 on Wednesday. Sangoma Technologies has a 1 year low of C$4.71 and a 1 year high of C$7.62. The firm has a market cap of C$232.29 million, a price-to-earnings ratio of -36.74 and a beta of 1.04. The company has a 50-day moving average of C$5.41 and a 200 day moving average of C$5.45. The company has a debt-to-equity ratio of 19.57, a current ratio of 0.78 and a quick ratio of 0.69.

Sangoma Technologies Company Profile

Sangoma (TSX: STC; Nasdaq: SANG) is a leading business communications platform provider with solutions that include its award-winning UCaaS, CCaaS, CPaaS, and Trunking technologies. The enterprise-grade communications suite is developed in-house; available for cloud, hybrid, or on-premises deployments. Additionally, Sangoma’s integrated approach provides managed services for connectivity, network, and security. A trusted communications partner with over 40 years on the market, Sangoma has over 2.7 million UC seats across a diversified base of over 100,000 customers.