Quarterly ResultMay 13, 2026, 05:07 PM
Sangoma Q3 Revenue $51.0M; Strategic Review Announced
AI Summary
Sangoma Technologies reported its third-quarter fiscal 2026 results, with revenue of $51.0 million and a net loss of $2.3 million, or $0.07 per share. The company noted strong performance in its communications infrastructure businesses despite competitive pressures and pricing in the applications market. Concurrently, Sangoma updated its fiscal 2026 outlook and announced that its Board of Directors is undertaking a strategic review to evaluate opportunities to enhance long-term shareholder value.
Key Highlights
- Sangoma's Board initiated a strategic review to evaluate long-term value.
- Q3 fiscal 2026 revenue was $51.0 million, a decrease from $58.1 million YoY.
- Q3 net loss increased to $2.3 million, compared to a $1.4 million loss in Q3 2025.
- Q3 basic and diluted loss per share was $0.07, up from $0.04 YoY.
- Nine-month revenue reached $153.3 million, down from $177.3 million YoY.
- Nine-month net loss was $6.7 million, compared to a $5.2 million loss in 2025.
- Net cash from operating activities for nine months was $21.0 million.
- Company updated its fiscal 2026 outlook due to market dynamics.