Synchronoss (SNCR) closed at $7.57 in the latest trading session, marking a -4.42% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.33% for the day. On the other hand, the Dow registered a loss of 0.63%, and the technology-centric Nasdaq decreased by 0.22%. Shares of the mobile services company have appreciated by 13.79% over the course of the past month, outperforming the Computer and Technology sector's gain of 5.24%, and the S&P 500's gain of 4.07%.The investment ...

Company Performance - Synchronoss (SNCR) closed at $7.51, reflecting a -3.84% change from the previous day, underperforming compared to the S&P 500's 0.61% gain [1] - Over the past month, shares of Synchronoss have increased by 8.62%, while the Computer and Technology sector gained 5.6% and the S&P 500 gained 3.85% [1] Upcoming Financial Results - Synchronoss is projected to report earnings of $0.25 per share, indicating a year-over-year decline of 47.92% [2] - The consensus estimate for revenue is $42.59 million, which represents a 2% decrease from the prior-year quarter [2] Annual Forecast - For the entire year, the Zacks Consensus Estimates forecast earnings of $1.17 per share and revenue of $172.42 million, reflecting changes of -28.22% and -0.68% respectively compared to the previous year [3] Analyst Estimates - Recent modifications to analyst estimates for Synchronoss are crucial as they reflect short-term business trends, with upward revisions indicating analysts' positive outlook on the company's operations [4] - These estimate changes are linked to stock price performance, and the Zacks Rank system is designed to leverage this relationship [5] Zacks Rank and Valuation - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with stocks rated 1 producing an average annual return of +25% since 1988 [6] - Currently, Synchronoss holds a Zacks Rank of 3 (Hold) [6] - The company has a Forward P/E ratio of 6.68, which is significantly lower than the industry average Forward P/E of 28.96 [7] Industry Context - Synchronoss operates within the Internet - Software industry, which is part of the Computer and Technology sector, currently holding a Zacks Industry Rank of 62, placing it in the top 26% of over 250 industries [7][8] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, indicating a favorable industry environment for Synchronoss [8]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

BRIDGEWATER, N.J., July 01, 2025 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (“Synchronoss”) (NASDAQ: SNCR), a global leader and innovator in personal cloud platforms, today announced that the company has joined the Russell 2000® Index, effective upon the U.S. market open on June 30, 2025. Prior to its inclusion in the Russell 2000 Index, Synchronoss had completed a strategic transformation to become a leading global cloud solutions provider, resulting in a more predictable, stable business model whi ...

Core Points - Synchronoss Technologies, Inc. has achieved certification under the EU-U.S. Data Privacy Framework (DPF), enhancing its global leadership in data protection, compliance, and consumer trust [1][2] - The DPF certification allows U.S.-based organizations to receive and process personal data from the EU in accordance with European privacy laws such as the General Data Protection Regulation (GDPR) [1][2] - This certification reinforces Synchronoss's commitment to international privacy standards and solidifies its position as a trusted partner for global telecommunications operators [1][2] Company Commitment - The DPF certification is a significant addition to Synchronoss's global compliance framework, which already includes various certifications such as SOC 2 Type II, ISO 27001, and TRUST/e platform independent privacy verification [3] - The company emphasizes its dedication to responsible data governance and the highest standards of integrity, transparency, and accountability in cross-border data transfers [2][3] Industry Context - The EU-U.S. Data Privacy Framework establishes legal safeguards for the transfer of personal data of EU citizens to certified U.S. organizations, which is crucial in a region that prioritizes digital sovereignty and ethical data governance [2] - Synchronoss's successful certification demonstrates its capability to manage both human and non-human resource data responsibly in a cross-border environment, meeting global partners' expectations for data privacy [2]

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Core Insights - Synchronoss Technologies, Inc. has achieved certification under the EU-U.S. Data Privacy Framework (DPF), enhancing its position as a leader in data protection and compliance [1][3][4] Group 1: Certification and Compliance - The DPF is a mechanism that allows U.S. organizations to process personal data from the EU while adhering to European privacy laws, including GDPR [2] - Synchronoss's DPF certification underscores its commitment to international privacy standards and strengthens its partnerships with Tier 1 telecom operators globally [3][4] Group 2: Data Protection and Governance - The DPF establishes legally enforceable safeguards for transferring personal data of EU individuals to certified U.S. organizations, which is crucial in the context of digital sovereignty and ethical data stewardship [5] - Synchronoss's certification affirms its capability to manage both HR and non-HR data responsibly in cross-border scenarios, aligning with the data privacy expectations of global partners [5] Group 3: Comprehensive Compliance Framework - The DPF certification complements Synchronoss's existing global credentials, including SOC 2 Type II for data security, ISO 27001 for information security management, and independent privacy validation through TRUST/e [6] - These certifications reflect a proactive investment in data protection and a robust global privacy infrastructure [6]

Company Performance - Synchronoss (SNCR) closed at $6.14, marking a +2.33% move from the prior day, outperforming the S&P 500's daily gain of 1.11% [1] - Over the past month, shares have depreciated by 7.69%, underperforming the Computer and Technology sector's gain of 5.67% and the S&P 500's gain of 3.92% [1] Upcoming Earnings - Synchronoss is projected to report earnings of $0.25 per share, representing a year-over-year decline of 47.92% [2] - The consensus estimate anticipates revenue of $42.59 million, indicating a 2% decrease from the same quarter last year [2] Annual Forecast - Zacks Consensus Estimates forecast earnings of $1.17 per share and revenue of $172.42 million for the year, reflecting changes of -28.22% and -0.68% respectively compared to the previous year [3] - Recent revisions in analyst estimates may indicate evolving short-term business trends, with positive revisions reflecting analyst optimism [3] Valuation Metrics - Synchronoss is currently trading with a Forward P/E ratio of 5.13, significantly lower than the industry average Forward P/E of 28, suggesting it is trading at a discount [6] - The Internet - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 46, placing it in the top 19% of all industries [6] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), indicates Synchronoss is currently rated 5 (Strong Sell) [5] - Over the past month, there has been a 23.91% fall in the Zacks Consensus EPS estimate for Synchronoss [5]

Company Performance - Synchronoss (SNCR) closed at $6.42, down 1.68% from the previous trading session, underperforming the S&P 500 which lost 0.03% [1] - The stock has decreased by 5.77% over the past month, contrasting with the Computer and Technology sector's gain of 3.02% and the S&P 500's gain of 0.6% [1] Earnings Projections - The upcoming earnings disclosure is projected to show earnings per share (EPS) of $0.25, a decrease of 47.92% from the same quarter last year [2] - Quarterly revenue is estimated at $42.59 million, reflecting a 2% decline from the previous year [2] Annual Forecast - For the entire year, earnings are forecasted at $1.17 per share and revenue at $172.42 million, indicating declines of 28.22% and 0.68% respectively compared to the previous year [3] - Recent analyst estimate revisions suggest a negative outlook, with a 23.91% decrease in the Zacks Consensus EPS estimate over the past month [5] Valuation Metrics - Synchronoss is currently trading at a Forward P/E ratio of 5.58, significantly lower than the industry average Forward P/E of 28.07 [6] Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 53, placing it in the top 22% of over 250 industries [6] - The strength of industry groups is measured by the Zacks Industry Rank, with top-rated industries outperforming lower-rated ones by a factor of 2 to 1 [7]

Company Overview - Proactive is a publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team operates from key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Market Focus - The company specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - Proactive delivers news and insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for being a forward-looking and enthusiastic adopter of technology, utilizing decades of expertise and experience among its content creators [4] - The company employs automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]