Sangoma reports Q2 revenue $59.1M, consensus $63.18M

“During the second quarter we continued to generate strong operating cash flow while reducing debt levels, effectively reaching our fiscal year-end debt target of $55-60 million two quarters ahead of plan,” said Charles Salameh, Chief Executive Officer. “Our improved capital structure allows us to take decisive action to accelerate strategic alternatives which will further solidify our position as a highly profitable recurring revenue driven business, and enable faster innovation through both internal development and acquisitions.”