Sangoma Technologies (SANG)

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Wall Street Analysts Think Sangoma Technologies Corporation (SANG) Could Surge 26.97%: Read This Before Placing a Bet
ZACKS· 2024-09-24 14:56
Shares of Sangoma Technologies Corporation (SANG) have gained 4.6% over the past four weeks to close the last trading session at $5.71, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $7.25 indicates a potential upside of 27%. The mean estimate comprises five short-term price targets with a standard deviation of $1.62. While the lowest estimate of $5.63 indicates a 1.4% decline ...
Sangoma Technologies Corporation (SANG) Reports Q4 Loss, Tops Revenue Estimates
ZACKS· 2024-09-18 23:20
Sangoma Technologies Corporation (SANG) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.04 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -25%. A quarter ago, it was expected that this company would post a loss of $0.05 per share when it actually produced a loss of $0.04, delivering a surprise of 20%. Over the last four quarters, the compan ...
Sangoma Technologies (SANG) - 2023 Q4 - Annual Report
2024-09-18 21:02
NEWS RELEASE SANGOMA ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2024 RESULTS Achieves Fiscal Year Guidance and a 67% year-over-year increase in Net Cash provided by operating activities, Demonstrating Continued Profitability and Operational Excellence amid Transformation MARKHAM, ONTARIO, September 18, 2024 – Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) ("Sangoma" or the "Company"), a trusted leader in delivering cloud-based Communications as a Service solutions for companies of all sizes, today ...
Sangoma Technologies Corporation (SANG) Is Attractively Priced Despite Fast-paced Momentum
ZACKS· 2024-09-17 13:50
Group 1 - Momentum investing is characterized by the strategy of "buying high and selling higher," contrasting with the traditional "buy low and sell high" approach [1] - Identifying the right entry point for momentum stocks can be challenging, as they may lose momentum if their valuations exceed future growth potential [1] - Investing in bargain stocks that have recently shown price momentum can be a safer strategy, with tools like the Zacks Momentum Style Score aiding in identifying such stocks [2] Group 2 - Sangoma Technologies Corporation (SANG) has shown a price increase of 14.6% over the past four weeks, indicating growing investor interest [3] - SANG has gained 11.6% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [4] - The stock has a beta of 1.47, suggesting it moves 47% higher than the market in either direction, indicating fast-paced momentum [4] Group 3 - SANG has a Momentum Score of A, suggesting it is an opportune time to invest in the stock to capitalize on its momentum [5] - The stock has a Zacks Rank 2 (Buy) due to upward trends in earnings estimate revisions, which typically attract more investor interest [6] - SANG is trading at a Price-to-Sales ratio of 0.56, indicating it is reasonably valued at 56 cents for each dollar of sales [6] Group 4 - SANG appears to have significant potential for further price appreciation, supported by its fast-paced momentum characteristics [7] - There are additional stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [7] - Zacks offers over 45 Premium Screens to assist in identifying winning stock picks based on various investing styles [8]
Sangoma Technologies Corporation (SANG) Stock Jumps 5.4%: Will It Continue to Soar?
ZACKS· 2024-08-08 14:56
Sangoma Technologies Corporation (SANG) shares rallied 5.4% in the last trading session to close at $5.15. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 2.4% gain over the past four weeks. Sangoma is capitalizing on the significant growth opportunity in the SMB market, which accounts for 44% of global IT spending. It invests more than $30 billion annually, to offer affordable enterprise-quality support. Thi ...
Sangoma Technologies (SANG) - 2024 Q3 - Earnings Call Transcript
2024-05-12 15:48
Conference Call Participants Company Participants Gavin Fairweather - Cormark Max Ingram - Canaccord Genuity Mike Latimore - Northland Capital Markets David Kwan - TD Securities Samantha Reburn Before we start, I'd like to remind you that the statements made during the course of this call that are not purely historical are forward-looking statements regarding the company or management's intentions, estimates, plans, expectations and strategies for the future. Because such statements deal with future events, ...
Sangoma Technologies (SANG) - 2024 Q2 - Earnings Call Transcript
2024-02-09 02:11
IÂ'm here today together with Charles Salameh, SangomaÂ's Chief Executive Officer; Jeremy Wubs, Chief Operating and Marketing Officer; and Larry Stock, Chief Financial Officer, to take you through the results of the second quarter of fiscal year 2024, which ended on December 31 2023. We will discuss the press release that was distributed early today together with the companyÂ's financial statements and MD&A, which are both available on SEDAR+, EDGAR and will be available shortly on our website. As a reminde ...
Sangoma Technologies (SANG) - 2022 Q4 - Annual Report
2023-09-27 21:07
NEWS RELEASE SANGOMA ANNOUNCES FOURTH QUARTER FISCAL 2023 RESULTS Fiscal year revenue surpasses $250 million for the first time MARKHAM, ONTARIO, September 27, 2023 – Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) ("Sangoma" or the "Company"), a trusted leader in delivering cloud-based Communications as a Service solutions for companies of all sizes, today announced its fourth quarter financial results and audited consolidated financial statements for the fiscal year ended June 30, 2023. | US $00 ...
Sangoma Technologies (SANG) - 2020 Q2 - Earnings Call Transcript
2020-02-29 17:32
Sangoma Technologies Corporation (SAMOF) Q2 2020 Earnings Conference Call February 27, 2020 5:30 PM ET Company Participants David Moore â Chief Financial Officer Bill Wignall â President and Chief Executive Officer John Tobia â Executive Vice President-Corporate Development Conference Call Participants Gavin Fairweather â Cormark Securities Gabriel Leung â Beacon Securities Derek Zaremba â Private Investor Operator Thank you for standing by. This is the conference operator. Welcome to the Sangoma Technologi ...