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Stock impact report

Strength Seen in Sangoma Technologies Corporation (SANG): Can Its 5.8% Jump Turn into More Strength? [Yahoo! Finance]

Sangoma Technologies Corporation - Common Shares (SANG) 
Company Research Source: Yahoo! Finance
The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 4.8% loss over the past four weeks. Sangoma Technologies Corporation is benefiting from a strong focus on customer experience, leading to low churn rates and driving demand for its comprehensive IT communication solutions in the SMB market. This company is expected to post quarterly loss of $0.05 per share in its upcoming report, which represents a year-over-year change of +28.6%. Revenues are expected to be $61.45 million, down 2.5% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For Sangoma Technologies Corporation, the consensus EPS estimate for the quarter has been revised 40% higher over the last 30 days to the current level. And a p Show less Read more
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