Sangoma Technologies (US:SANG) ZACKSยท2025-02-06 00:25Company Performance - Sangoma Technologies Corporation reported a quarterly loss of $0.06 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.03, marking an earnings surprise of -100% [1] - The company posted revenues of $59.11 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 5.55%, and down from $62.28 million a year ago [2] - Over the last four quarters, Sangoma has surpassed consensus EPS estimates only once and has topped revenue estimates just once [2] Future Outlook - The sustainability of Sangoma's stock price movement will depend on management's commentary during the earnings call and future earnings expectations [3] - The current consensus EPS estimate for the upcoming quarter is $0.01 on revenues of $63.72 million, while for the current fiscal year, the estimate is -$0.07 on revenues of $251.25 million [7] - The estimate revisions trend for Sangoma is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Internet - Software industry, to which Sangoma belongs, is currently ranked in the top 28% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]