Sangoma Technologies Corporation (SANG)

NASDAQ: SANG · IEX Real-Time Price · USD
4.370
-0.030 (-0.68%)
Apr 24, 2024, 4:00 PM EDT - Market closed
-0.68%
Market Cap 144.97M
Revenue (ttm) 189.28M
Net Income (ttm) -22.55M
Shares Out 33.33M
EPS (ttm) -0.66
PE Ratio n/a
Forward PE 714.29
Dividend n/a
Ex-Dividend Date n/a
Volume 71
Open 4.350
Previous Close 4.400
Day's Range 4.330 - 4.400
52-Week Range 2.180 - 4.980
Beta 1.57
Analysts Buy
Price Target 5.63 (+28.83%)
Earnings Date May 9, 2024

About SANG

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. It offers SIP Trunking, a telephone service for one or multiple locations; PBXact Cloud, a centralized internet based solution; Asterisk and FreePBX, an open source IP PBX software; and FAXStat... [Read more]

Sector Technology
IPO Date Dec 16, 2021
Employees 748
Stock Exchange NASDAQ
Ticker Symbol SANG
Full Company Profile

Financial Performance

In 2023, SANG's revenue was 252.53 million, an increase of 12.56% compared to the previous year's 224.35 million. Losses were -29.03 million, -73.80% less than in 2022.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for SANG stock is "Buy." The 12-month stock price forecast is $5.63, which is an increase of 28.83% from the latest price.

Price Target
$5.63
(28.83% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Sangoma's CEO Is Set to Speak at Centurion One Capital's 7th Annual Growth Conference

MARKHAM, Ontario--(BUSINESS WIRE)--Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (“Sangoma” or the “Company”), a leading provider of managed cloud-based communications and technology solut...

7 weeks ago - Business Wire

Sangoma Announces Second Quarter Fiscal 2024 Results

MARKHAM, Ontario--(BUSINESS WIRE)--Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (“Sangoma” or the “Company”), a trusted leader in delivering cloud-based Communications as a Service soluti...

2 months ago - Business Wire

Sangoma Announces Date of Second Quarter Fiscal 2024 Financial Results and Conference Call

MARKHAM, Ontario--(BUSINESS WIRE)--Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (“Sangoma” or the “Company”), a trusted leader in delivering cloud-based Communications as a Service soluti...

3 months ago - Business Wire

Sangoma Named In The 2023 Gartner® Magic Quadrant™ For Unified Communications As A Service Report For Ninth Year

MARKHAM, Ontario--(BUSINESS WIRE)--Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG), a trusted leader in delivering cloud-based Communications as a Service solutions for companies of all size...

3 months ago - Business Wire

Sangoma Technologies Corporation Announces Voting Results from its Annual General and Special Meeting of Shareholders

TORONTO--(BUSINESS WIRE)--Sangoma Technologies Corporation (TSX: STC; NASDAQ: SANG) (“Sangoma” or the “Company”) announced today the results of voting at its annual general and special meeting of shar...

4 months ago - Business Wire

Sangoma Technologies Partnership Powers UK PSTN Switch-Off Opportunities

WOKINGHAM, England--(BUSINESS WIRE)--Thousands of UK businesses grappling with the imminent termination of traditional analogue telephony have been given a major boost by an announcement set to accele...

5 months ago - Business Wire

Sangoma to Showcase Innovations at Benchmark Discovery One-on-One Conference in New York

MARKHAM, Ontario--(BUSINESS WIRE)--Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (“Sangoma” or the “Company”), a leading provider of managed cloud-based communications and technology solut...

5 months ago - Business Wire

Chair of Sangoma Technologies Corporation Reports Updated Ownership Position

TORONTO, Nov. 24, 2023 (GLOBE NEWSWIRE) -- This press release is being disseminated as required by National Instrument 62‐103 ‐ The Early Warning System and Related Take Over Bids and Insider Reportin...

5 months ago - GlobeNewsWire

Sangoma Announces First Quarter Fiscal 2024 Results

MARKHAM, Ontario--(BUSINESS WIRE)--Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (“Sangoma” or the “Company”), a trusted leader in delivering cloud-based Communications as a Service soluti...

6 months ago - Business Wire

Sangoma Announces Date of First Quarter Fiscal 2024 Financial Results and Conference Call

MARKHAM, Ontario--(BUSINESS WIRE)--Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (“Sangoma” or the “Company”), a trusted leader in delivering cloud-based Communications as a Service soluti...

6 months ago - Business Wire

Sangoma Announces Fourth Quarter Fiscal 2023 Results

MARKHAM, Ontario--(BUSINESS WIRE)--Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (“Sangoma” or the “Company”), a trusted leader in delivering cloud-based Communications as a Service soluti...

7 months ago - Business Wire

Sangoma Announces Date of Fourth Quarter and Fiscal Year 2023 Financial Results and Conference Call

MARKHAM, Ontario--(BUSINESS WIRE)--Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (“Sangoma” or the “Company”), a trusted leader in delivering cloud-based Communications as a Service soluti...

8 months ago - Business Wire

Sangoma Announces New Chief Operating Officer

MARKHAM, Ontario--(BUSINESS WIRE)--Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (“Sangoma” or the “Company”), a trusted leader in delivering cloud-based Communications as a Service soluti...

8 months ago - Business Wire

Sangoma Announces New Chief Executive Officer, Charles Salameh

30-Year Veteran with Track Record of Organizational Alignment and Revenue Growth 30-Year Veteran with Track Record of Organizational Alignment and Revenue Growth

9 months ago - GlobeNewsWire

Sangoma Technologies Corporation Announces Planned Share Sale by Star2Star Holdings, LLC

Sale Being Undertaken to Fund Tax Obligations Arising From Recent Distribution of Final Tranche of Shares in Connection With 2021 StarBlue Acquisition Sale Being Undertaken to Fund Tax Obligations Ari...

11 months ago - GlobeNewsWire

Sangoma Announces Third Quarter Fiscal 2023 Results

Revenue increases 18% year-over-year and Services Revenue grows 37% from Q3 of last year Revenue increases 18% year-over-year and Services Revenue grows 37% from Q3 of last year

1 year ago - GlobeNewsWire

Telarus Joins Sangoma's Technology Solution Broker Channel Program

MARKHAM, ON , May 10, 2023 /PRNewswire/ -- Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG), a trusted leader in delivering cloud-based Communications as a Service solutions for companies of ...

1 year ago - PRNewsWire

Sangoma Announces 5G Wireless Broadband as Part of Managed Internet Connectivity Product Suite

Managed Service Offers Businesses Lightning-fast Speeds & Ultra-low Latency Across All Major U.S. Wireless Carriers MARKHAM, ON , May 1, 2023 /PRNewswire/ -- Sangoma Technologies Corporation (TSX: STC...

1 year ago - PRNewsWire

Sangoma Announces Date of Third Quarter Fiscal 2023 Financial Results and Conference Call

MARKHAM, Ontario, April 26, 2023 (GLOBE NEWSWIRE) -- Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (“Sangoma” or the “Company”), a trusted leader in delivering cloud-based Communications a...

1 year ago - GlobeNewsWire

Sangoma Introduces Sangoma Suite All-in-One Communications Bundle

End-to-end Solution Combines UC, Contact Center, SD-WAN, Security, and More in a Cost-effective Package for the Modern Business MARKHAM, ON , April 25, 2023 /PRNewswire/ -- Sangoma Technologies Corpor...

1 year ago - PRNewsWire

Sangoma Announces New Board Member to Strengthen Go-to-Market Focus and Bring Diversity Perspective

MARKHAM, Ontario, April 11, 2023 (GLOBE NEWSWIRE) -- Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (“Sangoma” or the “Company”), a trusted leader in delivering cloud-based Communications-a...

1 year ago - GlobeNewsWire

Sangoma CX, the Cloud-based Contact Center Solution, Unveils New WebChat Channel Support for Improved Customer Interaction

MARKHAM, ON , April 4, 2023 /PRNewswire/ -- Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) ("Sangoma" or the "Company"), a trusted leader in delivering cloud-based Communications as a Servi...

1 year ago - PRNewsWire

Sangoma Announces Filing of Form F-3 Resale Registration Statement and Associated Amendment to StarBlue Inc. Purchase Agreement

MARKHAM, Ontario, March 29, 2023 (GLOBE NEWSWIRE) -- Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (“Sangoma” or the “Company”), a trusted leader in delivering cloud-based Communications a...

1 year ago - GlobeNewsWire

AVANT Joins Sangoma's Technology Solution Broker Channel Program

MARKHAM, ON , March 8, 2023 /PRNewswire/ -- Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG), a trusted leader in delivering cloud-based Communications as a Service solutions for companies of...

1 year ago - PRNewsWire

Sangoma Announces Second Quarter Fiscal 2023 Results

Revenue increases 17% year-over-year, with Services Revenue growing 35% versus Q2 last year Revenue increases 17% year-over-year, with Services Revenue growing 35% versus Q2 last year

1 year ago - GlobeNewsWire