SEC Form 6-K filed by Sangoma Technologies Corporation
Sangoma Technologies Corporation | |||||||||||
Date: September 27, 2023 | By: | /s/ Larry Stock | |||||||||
Name: Larry Stock | |||||||||||
Title: Chief Financial Officer |
Sangoma Technologies Corporation | |||||||||||
Date: September 27, 2023 | By: | /s/ Larry Stock | |||||||||
Name: Larry Stock | |||||||||||
Title: Chief Financial Officer |
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Date | Price Target | Rating | Analyst |
---|---|---|---|
11/9/2023 | $8.00 → $3.25 | Buy → Hold | Canaccord Genuity |
9/22/2022 | Outperform | William Blair | |
5/26/2022 | $18.00 | Outperform | Northland Capital |
SC 13G/A - Sangoma Technologies Corp (0001753368) (Subject)
SC 13G/A - Sangoma Technologies Corp (0001753368) (Subject)
SC 13G/A - Sangoma Technologies Corp (0001753368) (Subject)
Bringing exceptional customer experience expertise to the Company Sangoma Technologies Corporation (TSX:STC, NASDAQ:SANG) ("Sangoma" or the "Company"), a trusted leader in delivering cloud-based Communications-as-a-Service solutions for companies of all sizes, today announced the appointment of April Walker effective July 1, 2024. Ms. Walker brings a wealth of expertise and over 30 years of experience in the technology sector, most recently holding the role of Senior Vice President of Customer Success at Salesforce, the global leader in CRM and cloud computing. Ms. Walker's career is distinguished by her passionate dedication to digital innovation and the adoption of cutting-edge tech
Deep expertise in building sales channel management programs for the SMB market Sangoma Technologies Corporation (TSX:STC, NASDAQ:SANG) ("Sangoma" or the "Company"), a trusted leader in delivering cloud-based Communications as a Service solutions for companies of all sizes, today announced the appointment of Monica Walton as Chief Revenue Officer. Ms. Walton will lead Sangoma's go-to-market initiatives, with over 25 years of demonstrated leadership experience in building sales and channel management programs in the networking and IT communications industry. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240521249833/en/Sangoma
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 shareholders held on December 12, 2023 (the "Meeting"). Each of the six nominees listed in the Company's management information circular dated November 8, 2023 provided in connection with the Meeting were elected as directors of the Company. Sangoma received proxies and virtual votes at the Meeting as set out below: Nominee Votes For % of Votes For Votes Withheld % of Votes Withheld Norman A. Worthington, III 17,401,662 91.69% 1,577,347 8.31% Allan Brett
Canaccord Genuity downgraded Sangoma Technologies from Buy to Hold and set a new price target of $3.25 from $8.00 previously
William Blair initiated coverage of SangStat with a rating of Outperform
Northland Capital initiated coverage of SangStat with a rating of Outperform and set a new price target of $18.00
6-K - Sangoma Technologies Corp (0001753368) (Filer)
6-K - Sangoma Technologies Corp (0001753368) (Filer)
40-F - Sangoma Technologies Corp (0001753368) (Filer)
Net Cash provided by operating activities increased 55% year-over-year with 124% of Adjusted EBITDA being converted to operating cash flow Sangoma Technologies Corporation (TSX:STC, NASDAQ:SANG) ("Sangoma" or the "Company"), a trusted leader in delivering cloud-based Communications as a Service solutions for companies of all sizes, today announced its first quarter financial results and unaudited condensed consolidated interim financial statements for the quarter ended September 30, 2024. Unaudited in US $000 Q1 FY2025 Q1 FY2024 Change Q4 FY2024 Change Revenue $ 60,150 $ 63,028 (5)% $ 60,934 (1)% Gross profit $ 41,181 $
Sangoma Technologies Corporation (TSX:STC, NASDAQ:SANG) ("Sangoma" or the "Company"), a trusted leader in delivering cloud-based Communications as a Service solutions for companies of all sizes, today announced that it expects to release its first quarter fiscal year 2025 results after markets close on Wednesday November 6, 2024. In addition, the Company will host a conference call on Wednesday November 6, 2024 at 5:30 PM Eastern Time to discuss the results. The dial-in number for the call is 1-800-806-5484 (International +1-416-340-2217) and the participant passcode is 8503464#. Participants are requested to dial in 5 minutes before the scheduled start time and ask to join the Sangoma call
Sangoma Technologies Corporation (TSX:STC, NASDAQ:SANG) ("Sangoma" or the "Company"), a trusted leader in delivering communications platforms for businesses of all sizes, proudly announced its inclusion in the 2024 Gartner® Magic Quadrant™ for Unified Communications as a Service, Worldwide report for the tenth straight year. The Gartner Magic Quadrant assesses worldwide Unified Communications as a Service (UCaaS) providers. Sangoma is one of the 11 vendors placed in the 2024 report. The report recognized Sangoma based on its Completeness of Vision and Ability to Execute. "We are delighted to be recognized in the Gartner Magic Quadrant for the tenth consecutive year, which we believe stand
Sangoma Technologies Corporation (TSX:STC) (NASDAQ:SANG) ("Sangoma" or the "Company"), a leading business communications platform provider, today announced key updates on its Fiscal 2024 performance and strategic initiatives as it prepares for the year ahead.In line with our capital allocation strategy disclosed in the third quarter of Fiscal 2024, Sangoma executed a debt repayment of $5.3 million in the fourth quarter, bringing total debt repayments for the quarter to $9.7 million. This marks the first of a series of planned payments aimed at reducing Sangoma's debt to under $60.0 million by the end of Fiscal 2025. The company's ability to advance this strategy is supported by its robust fi
Sangoma Technologies (NASDAQ:SANG) reported quarterly losses of $(0.04) per share which beat the analyst consensus estimate of $(0.07) by 42.86 percent. This is a 100 percent decrease over losses of $(0.02) per share from the same period last year. The company reported quarterly sales of $61.046 million which beat the analyst consensus estimate of $60.992 million by 0.09 percent. This is a 2.74 percent decrease over sales of $62.764 million the same period last year.
Sangoma Technologies (NASDAQ:SANG) reported quarterly losses of $(0.10) per share which missed the analyst consensus estimate of $(0.08) by 25 percent. The company reported quarterly sales of $62.28 million which beat the analyst consensus estimate of $61.62 million by 1.07 percent. This is a 0.39 percent increase over sales of $62.03 million the same period last year.
Net Cash provided by operating activities increased 55% year-over-year with 124% of Adjusted EBITDA being converted to operating cash flow Sangoma Technologies Corporation (TSX:STC, NASDAQ:SANG) ("Sangoma" or the "Company"), a trusted leader in delivering cloud-based Communications as a Service solutions for companies of all sizes, today announced its first quarter financial results and unaudited condensed consolidated interim financial statements for the quarter ended September 30, 2024. Unaudited in US $000 Q1 FY2025 Q1 FY2024 Change Q4 FY2024 Change Revenue $ 60,150 $ 63,028 (5)% $ 60,934 (1)% Gross profit $ 41,181 $
Sangoma Technologies Corporation (TSX:STC, NASDAQ:SANG) ("Sangoma" or the "Company"), a trusted leader in delivering cloud-based Communications as a Service solutions for companies of all sizes, today announced that it expects to release its first quarter fiscal year 2025 results after markets close on Wednesday November 6, 2024. In addition, the Company will host a conference call on Wednesday November 6, 2024 at 5:30 PM Eastern Time to discuss the results. The dial-in number for the call is 1-800-806-5484 (International +1-416-340-2217) and the participant passcode is 8503464#. Participants are requested to dial in 5 minutes before the scheduled start time and ask to join the Sangoma call
Achieves Fiscal Year Guidance and a 67% year-over-year increase in Net Cash provided by operating activities, Demonstrating Continued Profitability and Operational Excellence amid Transformation Sangoma Technologies Corporation (TSX:STC, NASDAQ:SANG) ("Sangoma" or the "Company"), a trusted leader in delivering cloud-based Communications as a Service solutions for companies of all sizes, today announced its fourth quarter financial results and audited consolidated financial statements for the year ended June 30, 2024. US $000 Q4 FY2024 Q4 FY2023 Change FY2024 FY2023 Change Revenue $ 60,934 $ 63,680 (4)% $ 247,284 $ 252,530 (2)% Gr