* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Monday, July 14, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Kehoe repeals paid sick leave, allows several counties in the Ozarks to have entertainment districts in bill signings – KY3

    Kehoe repeals paid sick leave, allows several counties in the Ozarks to have entertainment districts in bill signings – KY3

    Emily Deschanel was scolded during “Bones” season 1 for being ‘late and unprepared’: ‘I was just beside myself’ – Yahoo

    Emily Deschanel was scolded during “Bones” season 1 for being ‘late and unprepared’: ‘I was just beside myself’ – Yahoo

    How you can see new movies early – Yahoo

    Unlock the Secret to Watching New Movies Before Everyone Else!

    Immersive sports and entertainment venue Cosm set to build its 5th location in Cleveland – WKYC

    Cosm Reveals Exciting Vision for Its 5th Immersive Sports and Entertainment Venue in Cleveland

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Sentrycs’ Cyber Over RF technology integrated into Rafael’s combat-proven Drone Dome system – Defence Industry Europe

    Sentrycs’ Cyber Over RF Technology Boosts Rafael’s Battle-Tested Drone Dome System

    Nordic Air Defence raises $3 million to expand operations and advance drone defence technology – Defence Industry Europe

    Nordic Air Defence Lands $3 Million to Transform Drone Defense and Supercharge Operations

    China’s energy dominance in three charts – MIT Technology Review

    How China Is Powering Its Energy Dominance: A Visual Breakdown

    Meta Acquires AI Startup PlayAI to Enhance Voice Technology Capa – GuruFocus

    Meta Acquires AI Startup PlayAI to Revolutionize Voice Technology Capabilities

    Stallion Uranium Provides Update on Technology Data Acquisition Agreement – GlobeNewswire

    Stallion Uranium Announces Exciting Progress in Technology Data Acquisition Agreement

    2025 WE Local Prague Recap: Inspiring Women in Engineering and Technology – Society of Women Engineers

    2025 WE Local Prague Recap: Inspiring Women in Engineering and Technology – Society of Women Engineers

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Kehoe repeals paid sick leave, allows several counties in the Ozarks to have entertainment districts in bill signings – KY3

    Kehoe repeals paid sick leave, allows several counties in the Ozarks to have entertainment districts in bill signings – KY3

    Emily Deschanel was scolded during “Bones” season 1 for being ‘late and unprepared’: ‘I was just beside myself’ – Yahoo

    Emily Deschanel was scolded during “Bones” season 1 for being ‘late and unprepared’: ‘I was just beside myself’ – Yahoo

    How you can see new movies early – Yahoo

    Unlock the Secret to Watching New Movies Before Everyone Else!

    Immersive sports and entertainment venue Cosm set to build its 5th location in Cleveland – WKYC

    Cosm Reveals Exciting Vision for Its 5th Immersive Sports and Entertainment Venue in Cleveland

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Sentrycs’ Cyber Over RF technology integrated into Rafael’s combat-proven Drone Dome system – Defence Industry Europe

    Sentrycs’ Cyber Over RF Technology Boosts Rafael’s Battle-Tested Drone Dome System

    Nordic Air Defence raises $3 million to expand operations and advance drone defence technology – Defence Industry Europe

    Nordic Air Defence Lands $3 Million to Transform Drone Defense and Supercharge Operations

    China’s energy dominance in three charts – MIT Technology Review

    How China Is Powering Its Energy Dominance: A Visual Breakdown

    Meta Acquires AI Startup PlayAI to Enhance Voice Technology Capa – GuruFocus

    Meta Acquires AI Startup PlayAI to Revolutionize Voice Technology Capabilities

    Stallion Uranium Provides Update on Technology Data Acquisition Agreement – GlobeNewswire

    Stallion Uranium Announces Exciting Progress in Technology Data Acquisition Agreement

    2025 WE Local Prague Recap: Inspiring Women in Engineering and Technology – Society of Women Engineers

    2025 WE Local Prague Recap: Inspiring Women in Engineering and Technology – Society of Women Engineers

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Sangoma Technologies Corporation Announces Debt Reduction and Year-End Update

July 22, 2024
in Business
Sangoma Technologies Corporation Announces Debt Reduction and Year-End Update
Share on FacebookShare on Twitter

Author of the article:

Business Wire

Published Jul 22, 2024  •  2 minute read

TORONTO — Sangoma Technologies Corporation (TSX: STC) (NASDAQ: SANG) (“Sangoma” or the “Company”), a leading business communications platform provider, today announced key updates on its Fiscal 2024 performance and strategic initiatives as it prepares for the year ahead.

In line with our capital allocation strategy disclosed in the third quarter of Fiscal 2024, Sangoma executed a debt repayment of $5.3 million in the fourth quarter, bringing total debt repayments for the quarter to $9.7 million. This marks the first of a series of planned payments aimed at reducing Sangoma’s debt to under $60.0 million by the end of Fiscal 2025. The company’s ability to advance this strategy is supported by its robust financial position, underpinned by prudent financial management and successful self-funding of transformational activities.

Advertisement 2

This advertisement has not loaded yet, but your article continues below.

Financial Post

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY

Subscribe now to read the latest news in your city and across Canada.

Exclusive articles from Barbara Shecter, Joe O’Connor, Gabriel Friedman, Victoria Wells and others.Daily content from Financial Times, the world’s leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.

SUBSCRIBE TO UNLOCK MORE ARTICLES

Subscribe now to read the latest news in your city and across Canada.

Exclusive articles from Barbara Shecter, Joe O’Connor, Gabriel Friedman, Victoria Wells and others.Daily content from Financial Times, the world’s leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.

REGISTER / SIGN IN TO UNLOCK MORE ARTICLES

Create an account or sign in to continue with your reading experience.

Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.

Sign In or Create an Account

or

Article content

Fiscal 2024 concluded on June 30, 2024, marking a significant milestone for Sangoma as the Company continues to make substantial progress on its enterprise architecture program (“ERP”). The ERP remains on track for substantial completion during Fiscal 2025, positioning Sangoma for enhanced operational efficiencies and improved cost management capabilities.

Under the leadership of Monica Walton, Chief Revenue Officer, Sangoma is successfully expanding its go-to-market strategy, resulting in notable advancements in the sales funnel. This strategic focus has bolstered the Company’s revenue growth prospects heading into Fiscal 2025.

Additionally, Sangoma has achieved commendable increases in its Support Team Customer Satisfaction (CSAT) and Net Promoter Score (NPS) following dedicated efforts led by the new Chief Customer Officer. These improvements underscore Sangoma’s commitment to delivering exceptional customer experiences while maintaining industry-leading churn rates.

As Sangoma prepares for Fiscal 2025, the Company remains focused on driving top-line revenue growth through its enhanced go-to-market strategies. The Company will continue to provide guidance and corporate updates to investors throughout Fiscal 2025, maintaining transparency and accountability.

“We are pleased with the progress made in Fiscal 2024 and excited about the opportunities ahead in Fiscal 2025,” said Charles Salameh, Chief Executive Officer. “Our continued self-funded investments in technology, customer experience, and debt reduction, reflect our commitment to sustainable growth and long-term value creation for our shareholders.”

About Sangoma Technologies Corporation

Sangoma (TSX: STC; Nasdaq: SANG) is a leading business communications platform provider with solutions that include its award-winning UCaaS, CCaaS, CPaaS, and Trunking technologies. The enterprise-grade communications suite is developed in-house; available for cloud, hybrid, or on-premises setups. Additionally, Sangoma provides managed services for connectivity, network, and security. A trusted communications partner with over 40 years on the market, Sangoma has over 2.7 million UC seats across a diversified base of over 100,000 customers. Sangoma has been recognized for nine years running in the Gartner UCaaS Magic Quadrant. As the primary developer and sponsor of the open source Asterisk and FreePBX projects, Sangoma is determined to drive innovation in communication technology continuously. For more information, visit www.sangoma.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240722619860/en/

logo

Contacts

Sangoma Technologies Corporation
Larry Stock
Chief Financial Officer
[email protected]

Article content

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Financial Post – https://financialpost.com/pmn/business-wire-news-releases-pmn/sangoma-technologies-corporation-announces-debt-reduction-and-year-end-update

Tags: businessSangomaTechnologies
Previous Post

Best Credit Cards for Shopping on Amazon in July 2024

Next Post

Trudeau’s Tax Hikes Risk Worsening Canada’s Struggle for Capital

Spatio-Temporal Geographic Networks for Value Co-Creation and Technology Transfer in China with Patent Data – Nature

Unlocking Innovation: How Spatio-Temporal Geographic Networks Fuel Value Co-Creation and Technology Transfer in China

July 14, 2025
2025 MLB Draft tracker, results: Live updates, complete list of every pick, first-round analysis – CBS Sports

2025 MLB Draft tracker, results: Live updates, complete list of every pick, first-round analysis – CBS Sports

July 14, 2025
Canids as pollinators? Nectar foraging by Ethiopian wolves may contribute to the pollination of Kniphofia foliosa – ESA Journals

Could Ethiopian Wolves Be Unexpected Pollinators of Kniphofia foliosa?

July 14, 2025
Guest Opinion: Science is stronger with robust federal funding – Palo Alto Online

Why Strong Federal Funding is Essential for Advancing Science

July 14, 2025
Weight loss may ‘rejuvenate’ fat tissues, clearing away aged cells – Live Science

Weight Loss Could ‘Rejuvenate’ Fat Tissue by Clearing Out Old Cells

July 14, 2025
If your goal is to glow up, say goodbye to these 10 daily decisions – VegOut

10 Daily Habits to Ditch Now for a Stunning Glow-Up

July 14, 2025
‘We’ve never seen a team do this to PSG’ – how Chelsea won Club World Cup – BBC

Unbelievable Comeback: How Chelsea Shocked PSG to Clinch the Club World Cup!

July 14, 2025
India will become $10 trillion economy over next decade, GCCs to contribute $0.5 trillion – The Economic Times

India Poised to Become a $10 Trillion Economy Within a Decade, Powered by GCCs Driving $0.5 Trillion Growth

July 14, 2025
Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

July 14, 2025
11 lessons for health tech startups from one of UpToDate’s creators – STAT

11 Essential Lessons for Health Tech Startups from a Leading Industry Innovator

July 14, 2025

Categories

Archives

July 2025
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jun    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (721)
  • Economy (743)
  • Entertainment (21,631)
  • General (15,893)
  • Health (9,781)
  • Lifestyle (751)
  • News (22,149)
  • People (745)
  • Politics (754)
  • Science (15,962)
  • Sports (21,242)
  • Technology (15,728)
  • World (727)

Recent News

Spatio-Temporal Geographic Networks for Value Co-Creation and Technology Transfer in China with Patent Data – Nature

Unlocking Innovation: How Spatio-Temporal Geographic Networks Fuel Value Co-Creation and Technology Transfer in China

July 14, 2025
2025 MLB Draft tracker, results: Live updates, complete list of every pick, first-round analysis – CBS Sports

2025 MLB Draft tracker, results: Live updates, complete list of every pick, first-round analysis – CBS Sports

July 14, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version