SANG

Sangoma Technologies Presentation: Sangoma Technologies Corporation will present at the Planet MicroCap Showcase: VEGAS 2025 on April 23, 2025, at 8:00 AM PDT, with CEO Charles Salameh hosting the presentation and answering questions afterward.

Company Overview: Sangoma is a leading provider of business communications solutions, offering UCaaS, CCaaS, CPaaS, and Trunking technologies, and has over 2.7 million UC seats across more than 100,000 customers.

Debt Reduction and Share Repurchase Announcement: Sangoma Technologies Corporation has successfully reduced its total debt to $53 million, surpassing its Fiscal 2025 target, and announced a Normal Course Issuer Bid (NCIB) to repurchase up to 1,679,720 shares over the next year.

Trading Details and Market Performance: The company plans to fund the share repurchases through surplus cash from operations and has implemented an automatic share purchase plan for transactions during blackout periods; as of the latest trading, Sangoma shares closed at $4.79.

Financial Milestone Achieved: Sangoma Technologies Corporation has successfully reduced its debt to approximately $53 million, surpassing its Fiscal 2025 target ahead of schedule, and is initiating a Normal Course Issuer Bid (NCIB) to enhance shareholder value by repurchasing up to 1,679,720 shares.

Strategic Capital Allocation: The company plans to use surplus cash from operations for the share buyback program while maintaining financial flexibility for future acquisitions and long-term growth, reflecting confidence in its strong fundamentals and market position.

Market Overview: U.S. stock futures increased as investors reacted to tariff pauses and earnings reports, with major indices trading higher. Key companies like Amazon and Eli Lilly are set to report earnings today, while the Federal Reserve is expected to maintain interest rates unchanged for March.

Economic Insights: Analysts suggest a "buy the dip" mentality persists among investors despite market volatility, with ongoing sector rotations anticipated. The U.S. trade deficit widened unexpectedly, and upcoming economic data, including jobless claims and productivity figures, will be closely monitored.

Strong Financial Performance: The CEO, Charles Salameh, reported that the company achieved strong operating cash flow and reduced debt levels, meeting their fiscal year-end debt target two quarters early.

Strategic Growth Initiatives: The improved capital structure positions the company to pursue strategic alternatives for growth, enhancing profitability and enabling faster innovation through internal development and acquisitions.

Earnings Forecast Adjustment: The company has revised its FY25 adjusted EBITDA outlook to a range of $40M-$42M, down from the previous estimate of $42M-$46M.

Investment Insights Tool: TipRanks offers a Smart Score tool designed to help investors identify top-performing stocks and track their portfolio against Wall Street analysts' recommendations.

Market Overview: U.S. stock futures are slightly lower, with significant declines in pre-market trading for several companies, notably Electronic Arts Inc., which dropped 14.3% after reporting a slowdown in its Global Football franchise and projecting a decline in live services net bookings.

Other Notable Declines: Other stocks experiencing sharp declines include CVB Financial Corp (-46.8%), Dime Community Bancshares, Inc. (-30.7%), and Vertical Aerospace Ltd (-29.4%) following their respective earnings announcements or public offerings.

Earnings Release Announcement: Sangoma Technologies Corporation will release its second quarter fiscal year 2025 results on February 5, 2025, after market close, followed by a conference call at 5:30 PM Eastern Time.

Company Overview: Sangoma is a leading provider of cloud-based communications solutions with over 2.7 million UC seats and recognized in the Gartner UCaaS Magic Quadrant for nine consecutive years, focusing on innovation in communication technology.

New Patient Relationship Management System: Sangoma Technologies has partnered with Sphinx Medical Technologies to launch a new Patient Relationship Management (PRM) system that integrates AI-powered call management with healthcare practices, enhancing communication and patient access while ensuring HIPAA compliance.

Key Benefits and Features: The system offers 24/7 virtual consultations, real-time access to patient records, automated appointment reminders, and improved efficiency in handling calls, ultimately transforming the patient experience and making healthcare more accessible.

TSMC Financial Performance: Taiwan Semiconductor Manufacturing Company (TSMC) reported a 57% year-over-year increase in net profit for the fourth quarter, reaching a record T$374.68 billion ($11.38 billion), leading to a 4.7% rise in its stock price during pre-market trading.

Pre-Market Stock Movements: Several stocks experienced significant changes in pre-market trading, with notable gainers including SOBR Safe, Inc. (+83.1%) and Powell Max Limited (+67.8%), while Transcontinental Realty Investors, Inc. saw the largest decline at -31.8%.

KB Home Financial Results: KB Home's shares surged 9.1% in pre-market trading after reporting fourth-quarter revenue of $2 billion and earnings of $2.52 per share, both exceeding analyst expectations.

Stock Movements: Several stocks experienced significant pre-market movements, with Nature’s Miracle Holding Inc gaining 109.7% and Sangoma Technologies Corporation falling 40.8%.

New Board Member Announcement: Universal Display Corporation has appointed April E. Walker to its Board of Directors, effective January 1, 2025, expanding the board to 11 members. Her extensive experience in technology and leadership roles is expected to enhance UDC's innovation and growth in the OLED sector.

Company Overview: Universal Display Corporation specializes in the research and commercialization of OLED technologies and materials, holding over 6,000 patents globally. The company focuses on developing energy-efficient displays and lighting solutions through its proprietary UniversalPHOLED® technology.

Sangoma Technologies Presentation: Sangoma Technologies Corporation will present at The Benchmark Company's 13th Annual Discovery One-on-One Investor Conference on December 11, 2024, in New York City, where CEO Charles Salameh will hold one-on-one meetings with investors and analysts.

Company Overview: Sangoma is a leading provider of cloud-based communication solutions, recognized for its UCaaS, CCaaS, and CPaaS technologies, serving over 100,000 customers and holding a significant presence in the market for over 40 years.

Election Results: Sangoma Technologies Corporation held its annual general meeting on November 19, 2024, where all seven nominated directors were elected with high approval rates, and resolutions for auditor appointment and an Employee Share Purchase Plan were also passed.

Company Overview: Sangoma is a leading provider of cloud-based communication solutions, recognized for its UCaaS offerings and extensive customer base, with over 2.7 million UC seats across more than 100,000 customers.

Sangoma Technologies Corporation Earnings Report: Sangoma reported a quarterly loss of $0.06 per share, missing the Zacks Consensus Estimate of a loss of $0.05, with revenues of $60.15 million also falling short of expectations. The company has only surpassed consensus EPS estimates once in the last four quarters.

Market Outlook and Comparisons: Despite underperforming in earnings, Sangoma's shares have increased by 90.3% this year, significantly outperforming the S&P 500. The company's future performance will depend on management's commentary and revisions to earnings estimates, currently rated as a Zacks Rank #3 (Hold).

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.

Ownership Structure: Sangoma Technologies has significant retail investor ownership at 40%, with a total of 51% held by the top eight investors, while institutional investors hold 37% and insiders own 23%.

Impact of Ownership: The substantial stake of retail investors allows them to influence company management and policies, although insider ownership also indicates alignment with shareholder interests.

Sangoma's Recognition: Sangoma Technologies Corporation has been included in the 2024 Gartner Magic Quadrant for Unified Communications as a Service (UCaaS) for the tenth consecutive year, recognized for its Completeness of Vision and Ability to Execute.

Company Overview: With over 40 years in the market, Sangoma provides a range of communication solutions including UCaaS, CCaaS, and CPaaS, serving over 100,000 customers and emphasizing flexibility through cloud, on-premise, and hybrid deployments.

Earnings Conference Call Overview: Sangoma Technologies Corporation held its Q4 2024 earnings conference call on September 18, 2024, where key executives discussed the company's financial results for the fiscal year ending June 30, 2024.

Forward-Looking Statements: The call included forward-looking statements regarding the company's future plans and expectations, emphasizing that these are subject to risks and uncertainties that could lead to different actual outcomes.

Quarterly Performance: Sangoma Technologies Corporation reported a quarterly loss of $0.05 per share, slightly worse than the expected loss of $0.04, with revenues of $60.93 million, surpassing estimates by 0.07%, but down from $63.68 million a year ago.

Future Outlook: The company's earnings outlook appears favorable, currently holding a Zacks Rank #2 (Buy), indicating expectations for stock outperformance in the near future, while industry trends also play a significant role in stock performance.