Sangoma Technologies (TSE:STC) Full Year 2024 Results

Key Financial Results

• Revenue: US$247.3m (down 2.1% from FY 2023).

• Net loss: US$8.66m (loss narrowed by 70% from FY 2023).

• US$0.26 loss per share (improved from US$0.88 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Sangoma Technologies EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.3%.

Looking ahead, revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 8.7% growth forecast for the Communications industry in Canada.

Performance of the Canadian Communications industry.

The company's shares are up 5.7% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Sangoma Technologies' balance sheet health.

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