Sangoma Technologies Corp T.STC

Alternate Symbol(s): SANG

Technology Communication Equipment

Sangoma Technologies Corporation is a provider of managed cloud-based communications and technology solutions for businesses worldwide. The Company offers a comprehensive suite of cloud-native communication solutions, including software, endpoints, and connectivity services. It offers a complete set of cloud communications services, flexible deployment options including cloud and on-premises, and customer service. The Company’s solutions include communication services, phone and devices, network connectivity, and MSP services. It delivers hosted phone services for contact centers, small businesses, and other organizations looking to the Cloud for managing their business communications. It provides desk phones, headset, and DECT phones. Its network connectivity solutions include voice over Internet protocol (VoIP) gateways, Session Border Controller (SBC), and telephony cards. The Company also provides open-source communications software.

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Sangoma Technologies Corp > Another Modest Reaction (TD)

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Comment by prophetoffactzon Feb 13, 2023 10:47am

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Post# 35282993

RE:Another Modest Reaction (TD)

"Management indicated that cloud bookings were up 5% q/q in Q2/F23, with that strength continuing into the current quarter, as cloud bookings in January were up 5% vs. a strong December performance. Meanwhile, cloud activations posted even stronger growth, with Sangoma looking to increase capacity to help keep up with the solid bookings growth...should help drive sharp improvements in FCF over the next year (our forecasts imply ~25% NTM FCF yield). This should help further reduce leverage levels (we forecast 2x exiting June 2023)."

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