Sangoma Technologies Corp（SANG）のニュースとイベントSANGSangoma Technologies Corp

Sangoma Reports Q1 Revenue of $50.1M, Exceeding Expectations

Reports Q1 revenue $50.1M, consensus $49.9M. "We are pleased to report solid first quarter results that reflect the stabilization in our recurring revenue, underscored by strong operating and free cash flow generation," said Charles Salameh, Chief Executive Officer. "I want to thank the entire Sangoma team for their continued focus and execution through this period. These results are a direct reflection of that work. As we work toward completing our pending transaction with BRC Group Holdings, we remain focused on serving our customers and partners, and we look forward to joining BRC to expand our platform's reach and accelerate our next phase of growth."

TD Securities Downgrades Sangoma to Sell, Price Target C$7.35

TD Securities downgraded Sangoma Technologies (SANG) to Sell from Buy with a price target of C$7.35, down from C$8, after Sangoma announced concurrent with its Q4 report that it has agreed to be acquired by BRC Holdings (RILY). The firm thinks the probability of a superior bid is "relatively low," the analyst tells investors.

Major Indices Decline as Oil Prices Surge

Major indices started the week on a downswing as oil prices sprang higher after President Donald Trump rejected conditions for a ceasefire presented by Iran and Treasury yields extended their upward jolt for the 5th consecutive session.  Defensively oriented Healthcare and Consumer Staples were the best-performing sectors on the benchmark, while Basic Materials was the worst area of the market, though Communication Services was not far behind as traders booked profits from the recent surge in shares of Meta Platformsfor the second consecutive day.   Precious metals stocks tracked the prices of Gold and Silver - both of which slipped to multi-week lows - to the downside.In the opening hour of the evening session, index futures are marginally higher, with S&P e-minis and Nasdaq 100 contracts up 0.1%.  KarMaxand Carnivalare the most notable earnings reports expected on Tuesday morning.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Sangoma Technologiesup 37.3%IDT Corporationup 4.2%ALSO HIGHER -Summit Therapeuticsup 18.5% after AstraZenecainvestment of $2.0BAAR Corp.up 2.5% after agreement to acquire 65% interest in MRO Holdings for $1.8B and Q1 pre-announcementNeurocrine Biosciencesup 2.0% after naming new Chief Medical OfficerGen Digitalup 1.6% after positive Q2 pre-announcementRTX Corporationup 1.0% after being awarded $20.7B U.S. Air Force multi-year contractDOWN AFTER EARNINGS -Vail Resortsdown 2.0%Jefferies Financialdown 1.4%ReposiTrakdown 1.2%