Sangoma Technologies Corporation (SANG) Reports Q3 Loss, Lags Revenue Estimates

Company Performance - Sangoma Technologies Corporation reported a quarterly loss of $0.03 per share, matching the Zacks Consensus Estimate, compared to a loss of $0.04 per share a year ago [1] - The company posted revenues of $58.07 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.72%, and down from $61.05 million year-over-year [2] - Over the last four quarters, Sangoma has not surpassed consensus EPS estimates and has topped revenue estimates only once [2][3] Stock Movement and Outlook - Sangoma shares have declined approximately 19.1% since the beginning of the year, while the S&P 500 has decreased by 4.3% [3] - The company's earnings outlook is mixed, with current consensus EPS estimates at -$0.03 for the coming quarter and -$0.18 for the current fiscal year, with revenues expected to be $58.11 million and $235.88 million respectively [7] Industry Context - The Internet - Software industry, to which Sangoma belongs, is currently ranked in the top 37% of over 250 Zacks industries, indicating a favorable position compared to the bottom 50% [8] - The performance of Sangoma's stock may be influenced by the overall industry outlook, as top-ranked industries tend to outperform lower-ranked ones significantly [8]