RE:Q3There are two things (at least) to mention. All the costs associated with the most recent acquisition are expensed this quarter without any of the benefits yet. And they continue to have non-cash expenses such as goodwill depreciation from the previous acquisitions. Judging by the backlog and the continued increase in the business the "goodwill toward Sangoma" is anything but impaired.
They raised guidance and now have a 4 or 5 year history (at min) of underpromising and overdelivering. I continue to hold as I have since 85 cents pre-consolidation and if I wasn't overweight on Sangoma I'd definitely buy here. The management is very reliable and strategic. I mean honestly, they've guided the company from a outdated hardware firm to a modern unified communication contender.