05:30 PM EDT, 09/18/2024 (MT Newswires) -- Sangoma Technologies ( SANG ) reported a fiscal Q4 net loss late Wednesday of $0.05 per diluted share, compared with a $0.72 net loss a year earlier.

Four analysts polled by Capital IQ expected a loss of $0.03.

Revenue for the quarter that ended June 30 was $60.9 million, down from $63.7 million a year earlier.

Analysts surveyed by Capital IQ expected $61.1 million.

The company expects fiscal Q1 sales of $61 million to $62 million and fiscal 2025 revenue between $250 million and $260 million. Analysts polled by Capital IQ expect $62 million and $254.4 million, respectively.

Shares of the company were up nearly 2% higher in after-hours activity.

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