Sangoma Technologies Corp expected to post a loss of 5 cents a share - Earnings Preview

Reuters
2024-11-05
<a href="https://laohu8.com/S/SANG">Sangoma Technologies Corp</a> <stc.to> expected to post a loss of 5 cents a share - Earnings Preview </stc.to>
  • Sangoma Technologies Corp STC.TO is expected to show a fall in quarterly revenue when it reports results on November 6 for the period ending September 30 2024

  • The Markham Ontario-based company is expected to report a 2.2% decrease in revenue to $61.643 million from $63.03 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Sangoma Technologies Corp is for a loss of 5 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts had fallen by about 6.7% in the last three months. ​

  • Wall Street's median 12-month price target for Sangoma Technologies Corp is $6.88​, above​ its last closing price of $6.21. ​​​

This summary was machine generated November 4 at 22:46 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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