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Sangoma Technologies Corp T.STC

Alternate Symbol(s):  SANG

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.


TSX:STC - Post by User

Post by Captain71on Feb 10, 2024 12:42pm
208 Views
Post# 35873854

Fiscal 2024 Target

Fiscal 2024 TargetWell certainly nice to get a positive report and a little bump in SP. Probably bitter/sweet as many longs will likely still be underwater on this one.
 
I crunched a few numbers and have a fiscal 2024 SP of $6.30. Remember multiples are still below normal on small cap tech, but hoping we may get a little expansion sometime soon. Also EPS are factored in and they still insist on reporting negative earnings despite all the bragging about positive free cash flow.
 
All in all a nice positive tone to the report. Actually expecting to see some slight improvements to the forecasted annual numbers.
 
GLTA

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