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Sangoma Technologies Corp (SANG) delivers enterprise-grade VoIP systems and unified communications solutions for global markets. This news hub provides investors and industry professionals with timely updates on corporate developments shaping the telecommunications sector.
Track official press releases, financial disclosures, and strategic announcements through our verified repository. Key coverage areas include product innovations, partnership agreements, financial performance, and market expansion initiatives. All content is sourced directly from company filings and authorized communications.
Bookmark this page for streamlined access to SANG's evolving position in cloud communications and legacy system integration. Regular updates ensure stakeholders maintain current awareness of operational milestones and industry leadership in VoIP technologies.
Sangoma Technologies announced its third quarter fiscal 2024 results, with Services revenue accounting for 82% of total revenue. Net Cash provided by Operating Activities increased by 121% over the prior year period. Revenue decreased by 3%, while Gross profit and Operating expenses also saw decreases. Adjusted EBITDA decreased by 9%, but Net cash provided by operating activities showed a significant increase. The company reaffirmed its fiscal year 2024 guidance, narrowing revenue and Adjusted EBITDA forecasts.
Sangoma Technologies announced the date for the release of its third quarter fiscal 2024 financial results and conference call. The results are expected to be released on May 8, 2024, after markets close, with a conference call scheduled for the same day at 5:30 PM Eastern Time.
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