Sangoma Technologies Corporation reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was USD 61.05 million compared to USD 62.76 million a year ago. Net loss was USD 1.27 million compared to USD 0.685 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.02 a year ago. Diluted loss per share from continuing operations was USD 0.04 compared to USD 0.02 a year ago.
For the nine months, sales was USD 186.35 million compared to USD 188.85 million a year ago. Net loss was USD 6.95 million compared to USD 5.4 million a year ago. Basic loss per share from continuing operations was USD 0.21 compared to USD 0.17 a year ago. Diluted loss per share from continuing operations was USD 0.21 compared to USD 0.17 a year ago.