TMCnews Featured Article
October 19, 2010
Sangoma Achieves 12 Percent Revenue Growth in 2010
By Stefania Viscusi, Assignment Desk Editor
Sangoma Technologies (News - Alert) Corporation announced its audited financial results for the year which included 12 percent revenue growth over the prior year and 3 percent more in Net income.
Sangoma offers voice cards, gateways and connectivity software that can be seamlessly integrated with IP Telephony applications to power some of the most innovative PBX (News - Alert), IVR, contact center and carrier solutions in the market.
According to the audited financial results for the year ended June 30, 2010, the company had $12.51 million in sales from 2009 to 2010 these earnings were up from the $11.12 million in revenues in 2008-2009.
Sangoma’s net income also increased from $2.49 million in 2008-2009 to $ 2.56 million in the 2009-2010 period.In addition, the company finished with $10.92 million in working capital compared to $8.97 million on June 30, 2009.
Recently, Sangoma made headlines with the release of NetBorder Call Analyzer 2.0 software on the Linux operating system.
The product, which was previously only available under the Windows operating system, means company’s customers running on either Windows or Linux can have access to all of NetBorder Call Analyzer features.
Earlier in September the company also announced it had expanded its multi-year relationship with TeleSoft International for use of its TsLink3 PRI ISDN stack in the Sangoma Media Gateway (News - Alert) and related products.
Stefania Viscusi is an assignment editor for TMCnet, covering voice and Voice over IP technologies. She also oversees production of TMCnet's e-Newsletters in the areas of Internet telephony and speech technology. To read more of Stefania's articles, please visit her columnist page.
Edited by Stefania Viscusi