Bullboard - Stock Discussion Forum Sangoma Technologies Corp T.STC

Alternate Symbol(s): SANG

Sangoma Technologies Corporation is engaged in delivering cloud-based communications as a service solution for companies of all sizes. The Company is a business communications platform provider with solutions that include its unified communications as a service (UCaaS), contact center as a service (CCaaS), communications platform as a service (CPaaS), and trunking technologies. Its enterprise... see more

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Sangoma Technologies Corp > Another View of Earnings

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Post by retiredcf on May 18, 2023 6:57am

Another View of Earnings

How do you view Sangoma's most recent quarterly results?

Loss of $0.02 per share beat estimates of -$0.054. Revenue of $62.7M matched estimates. EBITDA of $12.2M beat estimates by 2%. Sales rose 18%, EBITDA rose 17%. Service growth was good but product revenue declined. Margins improved by two points. Guidance was narrowed but with only a fractional decline in expectations. In light of current market conditions, we would consider it a decent quarter. It should come close to break-even in 2024. (5iResearch)

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