Sangoma Technologies (News - Alert) Corporation released highlights of its unaudited financial results for the quarter ended March 31, 2009 today.
Company officials said that the quarter ended with sales of $2.76 million, compared to $3.21 million for the quarter ended March 31 of last year. The numbers show a decrease of 14 percent however that’s higher, by 6 percent, compared to sales during the previous quarter which ended on December 31, 2008.
The decline in sales relative to sales in the quarter ended March 31, 2008 occurred worldwide, officials said, except for sales in Canada, which increased.
Sangoma Technologies was in the news last week with they, along with Brekeke Software, announced the completion of a successful interoperability tests between Brekeke PBX (News - Alert), and
Sangoma's NetBorder Express Gateway, both based on the SIP communication protocol for Voice-over-IP (VoIP).
"The combination of Sangoma's NetBorder Express Gateway and Brekeke (News - Alert) PBX provides a very cost-effective yet robust and reliable platform," said Shin Yamade, President and CEO of Brekeke Software. "By utilizing the ARS failover feature of Brekeke PBX and Sangoma's telephony gateway card, customers would not lose access to analog phone lines even if their other outgoing routes have failed. Partners can offer more secure and reliable telephony system with affordable pricing to their customers."
Sangoma’s NetBorder Express Gateway (News - Alert) can also be upgraded to a full NetBorder Software Suite giving users the ability to communication with applications such as IP-PBXs, Speech Enabled IVRs, Conferencing Servers, Contact Center or Trunking Gateways directly with the ubiquitous SIP control.
Sangoma completed the quarter with working capital of $7.63 million, as compared to $8.96 million on June 30, 2008. The slight decrease, officials said, was due to the purchase of Paraxip Technologies Inc. of Montreal in July 2008. Cash flow however was positive yielding $0.35 million during the quarter ended March 31, 2009.
Jessica Kostek is a channel editor for TMCnet, covering VoIP, CRM, call center and wireless technologies. To read more of Jessica’s articles, please visit her columnist page.
Edited by Jessica Kostek