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Sangoma Technologies Co. (NASDAQ:SANG) Forecasted to Earn Q1 2025 Earnings of ($0.04) Per Share

Sangoma Technologies Co. (NASDAQ:SANG - Free Report) - Research analysts at Northland Capmk issued their Q1 2025 earnings per share estimates for Sangoma Technologies in a report issued on Thursday, May 9th. Northland Capmk analyst M. Latimore anticipates that the company will post earnings per share of ($0.04) for the quarter. The consensus estimate for Sangoma Technologies' current full-year earnings is ($0.25) per share. Northland Capmk also issued estimates for Sangoma Technologies' Q2 2025 earnings at ($0.05) EPS, Q3 2025 earnings at ($0.03) EPS and Q4 2025 earnings at ($0.02) EPS.

Sangoma Technologies Stock Down 3.3 %

Sangoma Technologies stock traded down $0.15 during trading hours on Friday, hitting $4.35. The company had a trading volume of 2,890 shares, compared to its average volume of 7,864. Sangoma Technologies has a fifty-two week low of $2.18 and a fifty-two week high of $4.98. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.00 and a quick ratio of 0.70. The firm has a market capitalization of $103.95 million, a P/E ratio of -4.98 and a beta of 1.36. The firm's fifty day moving average is $4.53 and its 200-day moving average is $3.59.

Sangoma Technologies (NASDAQ:SANG - Get Free Report) last announced its quarterly earnings data on Thursday, February 8th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.01). The business had revenue of $62.28 million during the quarter, compared to analysts' expectations of $63.60 million. Sangoma Technologies had a negative return on equity of 2.77% and a negative net margin of 11.92%.


Hedge Funds Weigh In On Sangoma Technologies

Institutional investors have recently made changes to their positions in the business. Claret Asset Management Corp grew its holdings in shares of Sangoma Technologies by 111.4% in the 3rd quarter. Claret Asset Management Corp now owns 185,622 shares of the company's stock worth $645,000 after purchasing an additional 97,828 shares during the last quarter. Toronto Dominion Bank boosted its holdings in Sangoma Technologies by 15.3% in the third quarter. Toronto Dominion Bank now owns 550,000 shares of the company's stock valued at $1,908,000 after acquiring an additional 73,100 shares during the last quarter. Finally, PenderFund Capital Management Ltd. grew its position in shares of Sangoma Technologies by 6.8% during the 4th quarter. PenderFund Capital Management Ltd. now owns 3,308,133 shares of the company's stock worth $10,586,000 after buying an additional 210,300 shares during the period. 39.65% of the stock is currently owned by institutional investors.

About Sangoma Technologies

(Get Free Report)

Sangoma Technologies Corporation develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications worldwide. The company offers Switchvox, a voice over internet protocol phone system; Switchvox Cloud, a unified communications solution, as well as provides cloud communication solutions.

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Earnings History and Estimates for Sangoma Technologies (NASDAQ:SANG)

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