Strength Seen in Sangoma Technologies Corporation (SANG): Can Its 5.8% Jump Turn into More Strength?

Company Overview - Sangoma Technologies Corporation (SANG) shares increased by 5.8% to close at $6.05, following a period of 4.8% loss over the past four weeks, indicating a strong recovery supported by high trading volume [1] - The company is focusing on enhancing customer experience, which has resulted in low churn rates and increased demand for its IT communication solutions in the SMB market [1] Financial Performance - The upcoming quarterly report is expected to show a loss of $0.05 per share, reflecting a year-over-year change of +28.6%, while revenues are projected to be $61.45 million, down 2.5% from the previous year [2] - The consensus EPS estimate for Sangoma has been revised 40% higher in the last 30 days, suggesting a positive trend that may lead to price appreciation [3] Industry Context - Sangoma is part of the Zacks Internet - Software industry, where another company, Docebo Inc. (DCBO), saw a 1.4% increase in its stock price, closing at $45.49, with a 4.2% return over the past month [3] - Docebo's consensus EPS estimate remains unchanged at $0.25, representing a +66.7% change from the previous year [4]