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Synchronoss Rallies 44% Year to Date: Buy, Hold or Sell the Stock?
ZACKS· 2024-11-18 17:00
Synchronoss Technologies (SNCR) shares have surged 44.2% in the year-to-date (YTD) period compared with the Zacks Internet - Software industry’s return of 25.2% and the broader Zacks Computer & Technology sector’s appreciation of 25.8%.SNCR has outperformed its peers, such as Alphabet (GOOGL) and Dropbox (DBX) , which also offer personal cloud services integrated with its respective platforms.Alphabet has returned 23.5% YTD, whereas Dropbox has lost 8.2% over the same time frame.  The outperformance can be ...
Synchronoss CEO on Q3 growth, SFR partnership and 2025 prospects - ICYMI
Proactiveinvestors NA· 2024-11-15 22:19
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Synchronoss Technologies Remains A Hold Waiting For The AT&T Renewal
Seeking Alpha· 2024-11-13 20:17
Long-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of companies, the competitive dynamics of the industries where they participate, and buying companies that we would like to hold independently of how the price moves in the future. Most QC calls will be holds, and that is by design. Only a very sm ...
Synchronoss Stock Falls as Q3 Earnings & Revenues Miss Estimates
ZACKS· 2024-11-13 19:16
Synchronoss Technologies (SNCR) reported a non-GAAP loss of 26 cents per share in the third quarter of 2024. This lagged the Zacks Consensus Estimate for earnings of 25 cents. SNCR had reported earnings of 35 cents in the year-ago quarter.Net revenues of $43 million increased 8% year over year and missed the Zacks Consensus Estimate by 0.79%.Following the results, SNCR shares fell 4.65% in the pre-market trading. However, Synchronoss’ stock has gained 78.3% against the Zacks Computer and Technology sector’s ...
Synchronoss Technologies(SNCR) - 2024 Q3 - Earnings Call Transcript
2024-11-13 01:31
Synchronoss Technologies, Inc. (NASDAQ:SNCR) Q3 2024 Earnings Conference Call November 12, 2024 4:30 PM ET Company Participants Ryan Gardella - Investor Relations Jeff Miller - President and Chief Executive Officer Lou Ferraro - Chief Financial Officer Conference Call Participants Jon Hickman - Ladenburg Thalmann Aditya Dagaonkar - Northland Capital Operator Greetings and welcome to the Synchronoss Technologies Third Quarter 2024 Earnings Call. At this time, all participants are in the listen-only mode. A q ...
Synchronoss (SNCR) Reports Q3 Loss, Misses Revenue Estimates
ZACKS· 2024-11-13 00:00
Synchronoss (SNCR) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of $0.25. This compares to earnings of $0.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -204%. A quarter ago, it was expected that this mobile services company would post earnings of $0.07 per share when it actually produced earnings of $0.48, delivering a surprise of 585.71%.Over the last four quarters, the company ha ...
Synchronoss Technologies raises guidance following strong Q3 performance
Proactiveinvestors NA· 2024-11-12 21:49
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Synchronoss Technologies(SNCR) - 2024 Q3 - Quarterly Report
2024-11-12 21:34
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40574 | --- | --- | |------------------------------------------------------------------------------------| ...
Synchronoss Technologies(SNCR) - 2024 Q3 - Quarterly Results
2024-11-12 21:33
Exhibit 99.1 Synchronoss Technologies Reports Third Quarter 2024 Results Third Quarter Revenue Grew 8% Year-Over-Year to $43.0 Million, Including 92.2% Recurring Revenue GAAP Gross Margin Expands to 69.6%; Adjusted Gross Margin Rises to 79.6% Introduced the Latest Version of Synchronoss Personal Cloud™ Platform BRIDGEWATER, NJ - November 12, 2024 - Synchronoss Technologies Inc. ("Synchronoss" or the "Company") (Nasdaq: SNCR), a global leader and innovator in Personal Cloud platforms, today reported financia ...
Synchronoss Technologies to Present at Upcoming Investor Conferences
GlobeNewswire News Room· 2024-11-12 21:26
BRIDGEWATER, N.J., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in Personal Cloud platforms, today announced that Jeff Miller, President and CEO, and Louis Ferraro, CFO, will participate at two upcoming investor conferences. Sidoti November Virtual Investor Conference on November 13, 2024. The presentation will begin at 10:00 AM ET and the webcast link will be available on the Synchronoss Investor Relations web ...