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Sangoma Reports Results of Election of Directors

MARKHAM, Ontario, Dec. 30, 2021 (GLOBE NEWSWIRE) Sangoma Technologies Corporation (“Sangoma” or the “Company”) (TSX: STC, NASDAQ: SANG), a trusted. ....

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NewSpring Names Hart Callahan as Partner of Growth Strategy

NewSpring Names Hart Callahan as Partner of Growth Strategy
pressreleasepoint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pressreleasepoint.com Daily Mail and Mail on Sunday newspapers.

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Old Bedford Street police station has new owners

FALL RIVER The old Bedford Street police station has a new owner with intentions to develop approximately 30-units of market rate housing in the more than 100-year-old structure.
Matthew Thomas, the city’s real estate attorney, confirmed that the city closed on the $10,000 sale late last month to the buyer and developer, Wethersfield LLC of Chelsea, on Jan. 25.
Marc Lederman, a principal at Wethersfield, said the city has been helpful with the sale of the old police station, and while there are some challenges with the building, his company is hopeful about the project.
“It seems like a good location, a good area and it’s a good building. It has a lot of things going for it, and as long as the city continues to work with us to make it happen, we can make it happen,” said Lederman. ....

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Sangoma Reports Results for the Second Quarter of Fiscal 2021

1 Operating Income and EBITDA are metrics used by the Company to monitor its performance and the definitions may be found in the accompanying MD&A posted today at www.sedar.com.
“This was another strong quarter for Sangoma, with total sales up 9% from the same quarter last year and our all important Services revenue growing almost 25% over the second quarter of fiscal 2020,” said Bill Wignall, President and CEO of Sangoma. “The solid revenue, reliable gross margin, and expense controls undertaken during the pandemic has delivered our highest quarterly EBITDA ever. As the crisis begins to subside, we will begin to prudently open up spending slightly again, which should bring EBITDA back closer to the range expected in our fiscal 2021 guidance, of around 17%. And of course, this all follows our very exciting announcement last week, of the definitive agreement to acquire Star2Star.” ....

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