Sangoma Technologies Co. Expected to Post FY2018 Earnings of $0.06 Per Share (STC)

Sangoma Technologies Co. (CVE:STC) – Equities researchers at Cormark boosted their FY2018 earnings per share estimates for shares of Sangoma Technologies in a research note issued to investors on Friday. Cormark analyst R. Peters now expects that the company will post earnings of $0.06 per share for the year, up from their previous estimate of $0.04. Cormark also issued estimates for Sangoma Technologies’ Q1 2019 earnings at $0.03 EPS, Q2 2019 earnings at $0.03 EPS, Q3 2019 earnings at $0.03 EPS, Q4 2019 earnings at $0.03 EPS and FY2019 earnings at $0.11 EPS.

Shares of Sangoma Technologies (CVE:STC) traded up C$0.07 on Monday, hitting C$0.97. 424,087 shares of the stock were exchanged, compared to its average volume of 119,079. The stock has a market cap of $30.48, a P/E ratio of 32.33 and a beta of 0.04. Sangoma Technologies has a 1-year low of C$0.32 and a 1-year high of C$0.98.

Sangoma Technologies (CVE:STC) last announced its quarterly earnings results on Thursday, November 16th. The company reported C$0.01 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of C$0.01. Sangoma Technologies had a net margin of 2.16% and a return on equity of 3.46%. TRADEMARK VIOLATION WARNING: This report was reported by Community Financial News and is the property of of Community Financial News. If you are viewing this report on another domain, it was illegally stolen and reposted in violation of United States & international copyright & trademark legislation. The correct version of this report can be viewed at https://www.com-unik.info/2018/01/16/sangoma-technologies-co-expected-to-post-fy2018-earnings-of-0-06-per-share-stc.html.

About Sangoma Technologies

Sangoma Technologies Corporation, together with its subsidiaries, develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications in Canada, the United States, and internationally. The company’s hardware and software components enable or enhance Internet protocol communications systems for telecom and datacom applications.

Earnings History and Estimates for Sangoma Technologies (CVE:STC)

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