Sangoma Announces Date of First Quarter Fiscal 2025 Financial Results and Conference Call
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 24 2024
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Source: Newsfilter
Earnings Release Announcement: Sangoma Technologies Corporation will release its first quarter fiscal year 2025 results on November 6, 2024, after market close, followed by a conference call at 5:30 PM Eastern Time.
Company Overview: Sangoma is a leading provider of cloud-based communication solutions with over 2.7 million UC seats and has been recognized in the Gartner UCaaS Magic Quadrant for nine consecutive years.
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Analyst Views on SANG
Wall Street analysts forecast SANG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SANG is 8.64 USD with a low forecast of 8.64 USD and a high forecast of 8.64 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 4.820
Low
8.64
Averages
8.64
High
8.64
Current: 4.820
Low
8.64
Averages
8.64
High
8.64
About SANG
Sangoma Technologies Corporation is a business communications platform provider with solutions that include unified communications as a service (UCaaS), contact center as a service (CCaaS), communications platform as a service (CPaaS), and trunking technologies. Its enterprise-grade communications suite is developed in-house; available for cloud, hybrid, or on-premises deployments. Additionally, it offers managed services for connectivity, network, and security. Its hybrid UCaaS is powered by its cloud architecture, which includes its on-premises StarBox appliance and cloud-based network backbone components. It offers a traditional on-premises unified communications phone system, giving administrators complete control over updates and integrations to deploy their business phone system on-premises. Its cloud-based managed service provider offers to deliver essential communication services that businesses rely on, enhancing its comprehensive suite of communications as a service solution.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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