Sangoma Technologies (TSE:STC) Releases Quarterly Earnings Results

Sangoma Technologies (TSE:STC) released its quarterly earnings data on Monday. The company reported C($3.19) earnings per share (EPS) for the quarter, reports. Sangoma Technologies had a negative net margin of 3.66% and a negative return on equity of 3.18%. The firm had revenue of C$71.17 million for the quarter.

Sangoma Technologies Stock Up 1.8%

Shares of Sangoma Technologies stock traded up C$0.09 during trading on Monday, hitting C$5.05. 35,186 shares of the stock traded hands, compared to its average volume of 32,322. The stock has a market cap of C$168.06 million, a P/E ratio of -26.58 and a beta of 1.04. The company has a debt-to-equity ratio of 15.99, a quick ratio of 0.69 and a current ratio of 0.90. Sangoma Technologies has a twelve month low of C$4.71 and a twelve month high of C$7.62. The company has a fifty day moving average price of C$5.40 and a two-hundred day moving average price of C$5.46.

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.