TSX:STC

Sangoma Announces Third Quarter Fiscal 2024 Results

Retrieved on: 
Wednesday, May 8, 2024

Sangoma's Services revenue was $50.35 million, representing 82% of total revenue in the third quarter of fiscal 2024.

Key Points: 
  • Sangoma's Services revenue was $50.35 million, representing 82% of total revenue in the third quarter of fiscal 2024.
  • The Company's balance sheet remains very strong as it continues to improve quarter over quarter.
  • Given the results for the third quarter and the assumptions below, Sangoma is reaffirming and providing further clarity on its guidance for fiscal year 2024.
  • Sangoma will host a conference call on Wednesday, May 8, 2024, at 5:30 pm ET to discuss these results.

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

Retrieved on: 
Tuesday, April 30, 2024

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 third quarter fiscal 2024 results after markets close on Wednesday May 8, 2024.

Key Points: 
  • 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 third quarter fiscal 2024 results after markets close on Wednesday May 8, 2024.
  • In addition, the Company will host a conference call on Wednesday May 8, 2024 at 5:30 PM Eastern Time to discuss the results.
  • The dial-in number for the call is 1-800-319-4610 (International 1-604-638-5340).
  • Participants are requested to dial in 5 minutes before the scheduled start time and ask to join the Sangoma call.

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

Retrieved on: 
Thursday, February 29, 2024

Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (“Sangoma” or the “Company”), a leading provider of managed cloud-based communications and technology solutions for businesses worldwide, is excited to announce its participation at the Centurion One Capital's 7th Annual Growth Conference, on March 7th.

Key Points: 
  • Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (“Sangoma” or the “Company”), a leading provider of managed cloud-based communications and technology solutions for businesses worldwide, is excited to announce its participation at the Centurion One Capital's 7th Annual Growth Conference, on March 7th.
  • Salameh's participation in the conference promises to bring fresh perspectives and innovative ideas.
  • "I am thrilled to share our insights and journey with the Centurion One Growth Conference audience."
  • This event is a must-attend for anyone interested in the intersection of business growth and technological innovation.

Sangoma Announces Second Quarter Fiscal 2024 Results

Retrieved on: 
Thursday, February 8, 2024

Sangoma's Services revenue rose to $50.70 million, representing 81% of total revenue in the second quarter of fiscal 2024.

Key Points: 
  • Sangoma's Services revenue rose to $50.70 million, representing 81% of total revenue in the second quarter of fiscal 2024.
  • Cash conversion of cash flow from operations to Adjusted EBITDA2 during the second quarter reached 88%, almost two times the rate compared to 47% conversion a year ago and 79% from the immediately preceding quarter.
  • Net loss for the second quarter was $3.24 million, while Adjusted EBITDA remained strong at $10.45 million, reflecting a 6% increase compared to Q1 of fiscal year 2024.
  • Sangoma will host a conference call on Wednesday, February 8, 2024, at 5:30 pm ET to discuss these results.

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

Retrieved on: 
Monday, January 29, 2024

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 second quarter fiscal 2024 results after markets close on Thursday February 8, 2024.

Key Points: 
  • 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 second quarter fiscal 2024 results after markets close on Thursday February 8, 2024.
  • In addition, the Company will host a conference call on Thursday February 8, 2024 at 5:30 PM Eastern Time to discuss the results.
  • The dial-in number for the call is 1-800-319-4610 (International 1-604-638-5340).
  • Participants are requested to dial in 5 minutes before the scheduled start time and ask to join the Sangoma call.

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

Retrieved on: 
Monday, January 8, 2024

Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG), a trusted leader in delivering cloud-based Communications as a Service solutions for companies of all sizes, announced today that the company was named in the 2023 Gartner® Magic Quadrant™ for Unified Communications as a Service, Worldwide report for the ninth straight year.

Key Points: 
  • Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG), a trusted leader in delivering cloud-based Communications as a Service solutions for companies of all sizes, announced today that the company was named in the 2023 Gartner® Magic Quadrant™ for Unified Communications as a Service, Worldwide report for the ninth straight year.
  • The Gartner Magic Quadrant assesses Unified Communications as a Service (UCaaS) providers worldwide.
  • “We are proud to be recognized again in this year’s Gartner UCaaS Magic Quadrant,” said Sangoma Chief Operating and Marketing Officer Jeremy Wubs.
  • Gartner, Magic Quadrant for Unified Communications as a Service, Worldwide, Rafael Benitez, Megan Fernandez, November 28, 2023.

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

Retrieved on: 
Tuesday, December 12, 2023

an ordinary resolution approving the appointment of KPMG LLP as Sangoma’s auditors for the 2024 fiscal year was passed by 99.97% of the votes represented at the Meeting; and

Key Points: 
  • an ordinary resolution approving the appointment of KPMG LLP as Sangoma’s auditors for the 2024 fiscal year was passed by 99.97% of the votes represented at the Meeting; and
    an ordinary resolution ratifying the amended and restated By-Law No.
  • 2 was passed by 92.16% of the votes represented at the Meeting.
  • Details of the voting results on all matters considered at the Meeting are available in the Company’s report of voting results, which is available under Sangoma’s profile on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov .

Sangoma Technologies Partnership Powers UK PSTN Switch-Off Opportunities

Retrieved on: 
Friday, December 1, 2023

Sangoma Technologies, a global provider of business IT and communication solutions, has today partnered with UK-based Sol Distribution in a move that will give businesses easy and cost-effective access to hardware and software products capable of helping them modernise.

Key Points: 
  • Sangoma Technologies, a global provider of business IT and communication solutions, has today partnered with UK-based Sol Distribution in a move that will give businesses easy and cost-effective access to hardware and software products capable of helping them modernise.
  • The partnership leverages the fusion of Sangoma Technologies’ global reputation as a leader in unified business communication innovation with Sol Distribution’s thriving network of expert reseller and system integrators upon which vast numbers of small-medium-sized companies depend for business-critical IT support.
  • Simon Horton, VP Sales, Europe, Sangoma Technologies said: “We are delighted and hugely excited to announce our European partnership with Sol Distribution.
  • The UK switch-off of the Public Service Telephone Network (PSTN) scheduled for 2025 means many businesses will look to technology providers to help them digitise.

Sangoma Technologies Partnership Powers UK PSTN Switch-Off Opportunities

Retrieved on: 
Friday, December 1, 2023

Sangoma Technologies, a global provider of business IT and communication solutions, has today partnered with UK-based Sol Distribution in a move that will give businesses easy and cost-effective access to hardware and software products capable of helping them modernise.

Key Points: 
  • Sangoma Technologies, a global provider of business IT and communication solutions, has today partnered with UK-based Sol Distribution in a move that will give businesses easy and cost-effective access to hardware and software products capable of helping them modernise.
  • The partnership leverages the fusion of Sangoma Technologies’ global reputation as a leader in unified business communication innovation with Sol Distribution’s thriving network of expert reseller and system integrators upon which vast numbers of small-medium-sized companies depend for business-critical IT support.
  • Simon Horton, VP Sales, Europe, Sangoma Technologies said: “We are delighted and hugely excited to announce our European partnership with Sol Distribution.
  • The UK switch-off of the Public Service Telephone Network (PSTN) scheduled for 2025 means many businesses will look to technology providers to help them digitise.

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

Retrieved on: 
Thursday, November 30, 2023

Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (“Sangoma” or the “Company”), a leading provider of managed cloud-based communications and technology solutions for businesses worldwide, is excited to announce its participation in the prestigious Benchmark Discovery One-on-One Conference in New York City on December 7th.

Key Points: 
  • Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (“Sangoma” or the “Company”), a leading provider of managed cloud-based communications and technology solutions for businesses worldwide, is excited to announce its participation in the prestigious Benchmark Discovery One-on-One Conference in New York City on December 7th.
  • This exclusive event, renowned for bringing together innovative companies and top investors, offers a unique platform for Sangoma to highlight its latest advancements and strategic initiatives.
  • Sangoma's participation underscores its commitment to pioneering solutions that meet worldwide businesses' evolving communication and technology needs.
  • "We are thrilled to be part of this year's Benchmark Discovery One-on-One Conference.