Sangoma Technologies (NASDAQ:SANG) Posts Quarterly Earnings Results, Misses Expectations By $0.03 EPS

Sangoma Technologies (NASDAQ:SANG) issued its quarterly earnings data on Wednesday. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.03), Zacks reports. Sangoma Technologies had a negative return on equity of 3.12% and a negative net margin of 3.32%.

Sangoma Technologies Stock Down 1.1 %

Shares of SANG stock traded down $0.08 on Wednesday, hitting $7.25. 4,779 shares of the stock were exchanged, compared to its average volume of 11,243. The business has a 50-day moving average of $6.90 and a 200 day moving average of $6.08. Sangoma Technologies has a fifty-two week low of $2.78 and a fifty-two week high of $7.99. The firm has a market capitalization of $241.72 million, a P/E ratio of -29.00 and a beta of 1.35. The company has a current ratio of 0.91, a quick ratio of 0.68 and a debt-to-equity ratio of 0.21.

About Sangoma Technologies

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.