Save the date! Wednesday 6th November 2024, is when Sangoma Technologies Corporation (NASDAQ: SANG) will be sharing its eagerly awaited first quarter financial results. Investors and analysts will be able to gain valuable insights into the company's financial performance as the announcement is scheduled after market close.
The financial experts on Wall Street are predicting that the business will likely report an estimated $0.05 loss per share for the first quarter. Additionally, it is anticipated that the company will reveal a $61.64 million revenue during the quarter.
During the same quarter of the previous year, the company's earnings report indicated a per-share loss of $0.07. This noteworthy figure was a direct outcome of the company's total revenue, which reached an impressive $63.03 million during that specific period.
Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $255.31 million. At the same time, they are expecting the company to achieve per share loss of $0.07 for the fiscal year ahead.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q4 2024 | $-0.05 | -25.0% | 60.93 M | -4.3% |
| Q3 2024 | $-0.04 | -100.0% | 61.05 M | -2.7% |
| Q2 2024 | $-0.10 | -25.0% | 62.28 M | +0.4% |
| Q1 2024 | $-0.07 | -16.7% | 63.03 M | -1.6% |
| Q4 2023 | $-0.04 | +82.6% | 63.68 M | +1.9% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 6th November 2024 at 05:30 PM eastern time to review the Q1 2025 financial results.
The previous trading day saw Sangoma Technologies Corporation (SANG) shares trading between $6.10 and $6.39, besides a volume of 14.60 thousand shares. The stock closed Friday's regular trading session at $6.21, indicating 0.16 percent drop.
