Sangoma Technologies Q4 2024 GAAP EPS $(0.05) Misses $(0.03) Estimate, Sales $60.93M Miss $61.03M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sangoma Technologies reported a Q4 2024 GAAP EPS of $(0.05), missing the $(0.03) estimate, and sales of $60.93M, slightly below the $61.03M estimate. This represents a 4.31% decrease in sales compared to the same period last year.
September 18, 2024 | 9:10 pm
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NEGATIVE IMPACT
Sangoma Technologies' Q4 2024 earnings report showed a larger-than-expected loss per share and a slight miss on sales estimates, with a year-over-year sales decline.
The company's EPS missed the consensus estimate by 66.67%, and sales were slightly below expectations, indicating potential short-term negative sentiment. The year-over-year sales decline further adds to the negative outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100