Synchronoss

Synchronoss Technologies, Inc. engages in the provision of cloud and enterprise solutions. The firm offers software-based activation for connected devices globally. Its platform includes cloud home, personal cloud content transfer and out-of-box experience, advance messaging and email suite, journey creation and advisor, digital coach, digital portal, activation, Internet of Things (IoT), and smart buildings. The company was founded by James M. McCormick and Stephen G. Waldis in 2000 and is headquartered in Bridgewater, NJ.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Synchronoss Technologies excels in Q1 2024, eyes sustained growth

Synchronoss Technologies reported robust financial performance in Q1 2024, driven by recurring revenue, improved profitability, and technological advancements.
While facing challenges in achieving free cash flow targets and sustaining subscriber growth, the company's strategic priorities and key partnerships offer growth opportunities.
Overall, Synchronoss is well-positioned to capitalize on its strengths, navigate challenges, and leverage opportunities for continued growth and market expansion.

Synchronoss (SNCR) posts robust Q2 results, eyes growth opportunities

Synchronoss (SNCR) delivered a strong Q2 performance with revenue and EBITDA growth, bolstered by strategic initiatives and cost-saving measures.
While challenges persist with legal uncertainties, the company's focus on stability, efficiency, and growth presents promising opportunities for investors.
Overall, Synchronoss is well-positioned to capitalize on its strengths, navigate challenges, and leverage opportunities for sustained financial success.

Synchronoss reports revenue growth and strategic wins in Q3

Synchronoss delivered solid Q3 results with revenue and adjusted EBITDA growth, supported by a stable contract extension with SFR.
Focus on product innovation, cost efficiencies, and revenue guidance revision underpin the company's positive outlook.
While facing challenges like declining free cash flow, Synchronoss maintains financial stability and growth opportunities through strategic initiatives.
Balancing operational costs, revenue growth, and debt reduction will be key for Synchronoss to sustain its performance and competitiveness.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

VANCOUVER, British Columbia--(BUSINESS WIRE)-- #mergersandacquisitions--iQmetrix, North America's leading provider of telecom retail management software, announced that it has closed its acquisition of Digital Experience Platform (“DXP”) and Activation Solutions (“Activation”) from Synchronoss Technologies, Inc. (Nasdaq: SNCR)—a global leader in cloud, messaging, and digital products and platforms. The purchase of DXP and Activation, valued at $14 million, is an investment that allows iQmetrix to integrate advanced digi

iQmetrix Goes Global With Close of Synchronoss DXP and Activation Solutions Acquisition

BRIDGEWATER, N.J., May 11, 2022 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in cloud, messaging and digital products and platforms, today announced the successful completion of the sale of its Digital Experience Platform (“DXP”) and Activation Solutions (“Activation”) to iQmetrix, a leading provider of telecom retail management software. The divestiture was formally announced on March 8, 2022.

Synchronoss Finalizes Agreement with iQmetrix to Divest Digital Experience Platform and Activation Solutions

Synchronoss Technologies, Inc. (NASDAQ:SNCR ) Q1 2022 Earnings Conference Call May 10, 2022 4:30 PM ET Company Participants Jeff Miller - President and Chief Executive Officer Taylor Greenwald - Chief Financial Officer Conference Call Participants Josh Nichols - B. Riley Jon Hickman - Ladenburg Operator Good afternoon and welcome to Synchronoss Technologies Fiscal First Quarter 2022 Earnings Conference Call.

Synchronoss Technologies, Inc. (SNCR) CEO Jeff Miller on Q1 2022 Results - Earnings Call Transcript

Relationship to Support Brightspeed's Planned Fiber Deployments Across 20-State Footprint

Synchronoss to Provide Wholesale Process Automation and Management to Brightspeed

BRIDGEWATER, N.J., April 26, 2022 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”)(Nasdaq: SNCR ), a global leader and innovator in cloud, messaging and digital products and platforms, will hold a conference call on Tuesday, May 10, 2022 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2022. Financial results will be issued in a press release prior to the call.

Synchronoss Technologies to Report First Quarter 2022 Financial Results Tuesday, May 10, 2022 at 4:30 p.m. ET

Lowe Brings Over 20 Years of Enterprise Security and Cybersecurity Experience to Help Safeguard Company's Digital Platforms and IT Infrastructure Lowe Brings Over 20 Years of Enterprise Security and Cybersecurity Experience to Help Safeguard Company's Digital Platforms and IT Infrastructure

Synchronoss Appoints Stanley Lowe as Chief Information Security Officer

Synchronoss is Creating the Next Generation Cloud for the Home

Synchronoss Cloud Helps Operators with 5G Home Rollout

Multimedia Retailer to Offer PicStorage Cloud Solution to Millions of Customers Multimedia Retailer to Offer PicStorage Cloud Solution to Millions of Customers

Synchronoss Personal Cloud Enables Kitamura's PicStorage Service

Synchronoss's cloud business is now the main focus; the other two segments, which are still shrinking, will be treated as cash cows going forward.

Progress At Synchronoss, But It's Going To Be A Long Way Back

VANCOUVER, British Columbia--(BUSINESS WIRE)-- #mergersandacquisitions--iQmetrix, North America's leading provider of telecom retail management software, has announced that it has entered into a definitive agreement to purchase Digital Experience Platform (“DXP”) and Activation Solutions (“Activation”) from Synchronoss Technologies, Inc. (Nasdaq: SNCR)—a global leader and innovator in cloud, messaging, and digital products and platforms. The transaction is valued at approximately $14 million and is expected to close in

iQmetrix to Acquire Digital Experience Platform and Activation Solutions from Synchronoss for Approx. $14M

Synchronoss Technologies, Inc. (SNCR) CEO Jeff Miller on Q4 2021 Results - Earnings Call Transcript

Synchronoss (SNCR) delivered earnings and revenue surprises of 500% and 2.67%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Synchronoss (SNCR) Beats Q4 Earnings and Revenue Estimates

Strong Finish to the Year Highlighted by Quarterly Revenue Growth, Multi-Year Highs in Quarterly Gross Profit, Operating Income and Adjusted EBITDA

Synchronoss Technologies Reports Fourth Quarter and Full Year 2021 Results

Divesting Digital Assets Allows Increased Focus on Fast Growing Cloud Business Divesting Digital Assets Allows Increased Focus on Fast Growing Cloud Business

Synchronoss to Divest Digital Experience Platform and Activation Solutions to iQmetrix

BRIDGEWATER, N.J., Feb. 22, 2022 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”)(Nasdaq: SNCR ), a global leader and innovator in cloud, messaging and digital products and platforms, will hold a conference call on Tuesday, March 8, 2022 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fourth quarter and full year ended December 31, 2021. Financial results will be issued in a press release prior to the call.

Synchronoss Technologies to Report Fourth Quarter and Full Year 2021 Financial Results Tuesday, March 8, 2022 at 4:30 p.m. ET

BRIDGEWATER, N.J., Feb. 09, 2022 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in cloud, messaging and digital products and platforms, has appointed Gateway Investor Relations , a leading strategic financial communications and capital markets advisory firm, to manage its expanded investor relations program initiatives, including providing corporate messaging and other consulting services to the Company.

Synchronoss Appoints Gateway to Lead Expanded Investor Relations Program

Increased Adoption from New and Existing Customers Drove 18% Year-Over-Year Subscriber Growth for Synchronoss Cloud in Q4 2021 Increased Adoption from New and Existing Customers Drove 18% Year-Over-Year Subscriber Growth for Synchronoss Cloud in Q4 2021

Synchronoss Reports Accelerated Cloud Subscriber Growth in the Fourth Quarter of 2021

BRIDGEWATER, N.J., Nov. 23, 2021 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. (NASDAQ: SNCR), a global leader and innovator in cloud, messaging, and digital solutions, today announced it will be presenting at the Benchmark Company Discovery One-on-One Virtual Investor Conference on Thursday, December 2, 2021.

Synchronoss to Present at the Benchmark Company Discovery One-on-One Virtual Investor Conference on December 2, 2021

Solution allows for the transfer of digital data quickly and safely to new mobile devices Solution allows for the transfer of digital data quickly and safely to new mobile devices

UScellular Now Offering Synchronoss's Content Transfer Solution to Expedite In-Store Device Activation

American Resources Corp

IMARA

Comstock Mining

Marrone Bio Innovations

ObsEva

Penny stocks can turn a quick profit. These 7 picks are designed to do so before the end of this year and cover multiple sectors.

7 Penny Stocks to Book Profits on Before 2022

There are three main planks in the turnaround story at Synchronoss and they're all delivering, after having cut costs for years already. The company finally got rid of its death-spiral preferred shares, even if that wasn't exactly cheap.

Turnaround At Synchronoss Is Getting Legs

BRIDGEWATER, N.J., Nov. 09, 2021 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. (NASDAQ: SNCR), a global leader and innovator in cloud, messaging, and digital solutions, today announced it will be presenting at the Ladenburg Thalmann Virtual Technology Expo on Thursday, November 18, 2021, at 3:30 PM ET.

Synchronoss to Present at the Ladenburg Thalmann Virtual Technology Expo

The software-services stock is gaining ground, but it's still down roughly 43% year to date.

Why Synchronoss Technologies Stock Is Up Today

Synchronoss Technologies, Inc. (SNCR) CEO Jeff Miller on Q3 2021 Results - Earnings Call Transcript

Synchronoss (SNCR) delivered earnings and revenue surprises of 400.00% and 2.19%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

News for Synchronoss Stock (SNCR)