Synchronoss (SNCR) closed at $10.48 in the latest trading session, marking a +0.38% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.15%. Meanwhile, the Dow gained 0.35%, and the Nasdaq, a tech-heavy index, lost 0.09%.Heading into today, shares of the mobile services company had lost 6.2% over the past month, lagging the Computer and Technology sector's gain of 1.15% and the S&P 500's loss of 0.21% in that time.The investment community will be paying close attentio ...

Core Viewpoint - Synchronoss Technologies Inc. has successfully entered into an agreement to refinance its existing senior notes and term loan facilities with a new $200 million, four-year term loan, enhancing its financial flexibility and extending the maturity of its debt until 2029 [1][4]. Financial Details - The proceeds from the new term loan will be utilized to repay the remaining $73.6 million principal of the original $75 million term loan facility and the $121 million remainder of the senior notes [2]. - Approximately $8 million from the company's balance sheet will be used to complete the transaction, covering fees, call protection payments, and accrued interest [2]. - The new term loan has a maturity date of April 24, 2029, and is priced at SOFR plus 700 basis points, with a leverage-based stepdown of 50 basis points [3]. Management Commentary - The Chief Financial Officer of Synchronoss expressed satisfaction with the completion of the new term loan facility, highlighting that it eliminates the near-term overhang associated with the now-retired senior notes and enhances the company's financial stability [4]. - The refinancing is expected to improve the capital structure, allowing Synchronoss to invest further in its Personal Cloud solution and provide greater operational flexibility [4]. Company Overview - Synchronoss Technologies is a global leader in personal Cloud solutions, enabling service providers to create secure connections with subscribers, thereby enhancing revenue streams and reducing expenses [5].

Group 1 - Synchronoss (SNCR) ended the recent trading session at $10.53, showing a +1.74% change from the previous day's closing price, which lagged behind the S&P 500's daily gain of 2.51% [1] - Over the past month, Synchronoss shares experienced a loss of 13.89%, underperforming the Computer and Technology sector's loss of 12.18% and the S&P 500's loss of 8.86% [1] Group 2 - The upcoming financial results for Synchronoss are anticipated to show an EPS of $0.29, reflecting a 34.09% decline compared to the same quarter last year, with a revenue estimate of $42.11 million, indicating a 2% decrease from the same quarter last year [2] - For the annual period, the Zacks Consensus Estimates predict earnings of $1.58 per share and revenue of $174.4 million, representing shifts of -3.07% and +0.46% respectively from the previous year [3] Group 3 - The Zacks Rank system, which assesses estimate changes, indicates that positive revisions can signal optimism about a company's business outlook [4] - Synchronoss currently holds a Zacks Rank of 2 (Buy), with the consensus EPS estimate remaining unchanged over the last 30 days [5] Group 4 - Synchronoss is trading at a Forward P/E ratio of 6.55, significantly lower than the industry average Forward P/E of 23.39, suggesting that the company is trading at a discount [6] - The Internet - Software industry, part of the Computer and Technology sector, has a current Zacks Industry Rank of 82, placing it in the top 34% of all industries [6]

Core Viewpoint - Synchronoss Technologies Inc. will hold a conference call to discuss its financial results for Q1 2025 on May 6, 2025, at 4:30 p.m. Eastern time [1][2] Group 1: Conference Call Details - The conference call will include a presentation by Synchronoss management followed by a Q&A session [2] - Dial-in numbers for the conference call are 877-451-6152 for domestic calls and 201-389-0879 for international calls [2] - The conference call will be broadcast live on the company's website [2] Group 2: Company Overview - Synchronoss Technologies is a global leader in personal Cloud solutions, enabling service providers to create secure connections with subscribers [3] - The company's SaaS Cloud platform enhances onboarding processes and subscriber engagement, leading to increased revenue, reduced costs, and quicker time-to-market [3] - Millions of subscribers rely on Synchronoss to protect their digital content and memories [3]

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and ...

Core Viewpoint - Synchronoss Technologies (SNCR) has shown strong performance in the stock market, with a 12.2% return over the past three months, outperforming both the Zacks Computer and Technology sector and the Internet - Software industry [1] Group 1: Recent Performance - The recent rally in SNCR shares is attributed to a strong fourth-quarter 2024 performance, driven by a growing cloud subscriber base, particularly in its Personal Cloud solution [2] - In the fourth quarter of 2024, Synchronoss reported a 6% year-over-year increase in cloud subscribers, contributing to overall revenue growth [4] - The company has outperformed industry peers such as Appian, BlackBerry, and Five9, whose shares have declined significantly over the same period [1] Group 2: Product and Market Expansion - The expanding cloud market is creating favorable conditions for SNCR, with its Personal Cloud platform designed to enhance revenue, customer engagement, and digital security for network operators and mobile insurance providers [3] - SNCR launched an enhanced version of its Personal Cloud platform in Q3 2024, introducing features like "Memories" and AI-enhanced "Genius" to improve user engagement [5] - The company also introduced Capsyl Cloud, a turnkey personal cloud platform aimed at mobile operators and broadband service providers, facilitating rapid deployment of secure cloud services [6] Group 3: Partnerships and Contracts - SNCR is strengthening its market position through partnerships with major telecom providers such as AT&T, Verizon, and SoftBank, which enhances its growth prospects [7] - The relationship with SoftBank is particularly significant, as it allows for broader integration of SNCR's cloud platform across SoftBank's diverse portfolio [8] - In December 2024, SNCR secured a three-year contract extension with a major U.S. telecom operator, providing predictable revenue streams and long-term stability [9] Group 4: Financial Estimates - The Zacks Consensus Estimate for second-quarter 2025 revenues is $42.94 million, indicating a 1.2% year-over-year decline [10] - The consensus estimate for second-quarter 2025 earnings is 39 cents per share, reflecting a year-over-year decrease of 18.75% [11] - For 2025, revenues are estimated at $174.40 million, showing a year-over-year increase of 0.46%, while earnings are projected at $1.58 per share, implying a year-over-year decline of 3.07% [11]

Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or ...

SNCR's full-year Zacks Consensus Estimates are calling for earnings of $1.58 per share and revenue of $174.4 million. These results would represent year-over-year changes of -3.07% and +0.46%, respectively. Investors should also take note of any recent adjustments to analyst estimates for Synchronoss. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performanc ...

Group 1 - Synchronoss (SNCR) shares closed at $12, reflecting a decrease of 1.88% from the previous trading session, underperforming compared to the S&P 500's loss of 1.12% [1] - Over the past month, Synchronoss shares gained 31.5%, outperforming the Computer and Technology sector, which saw a decline of 4.05%, and the S&P 500, which declined by 2.91% [1] Group 2 - The upcoming earnings per share (EPS) for Synchronoss is projected at $0.29, indicating a 34.09% decrease compared to the same quarter last year [2] - Revenue is expected to be $42.11 million, reflecting a 2% decline from the corresponding quarter of the previous year [2] Group 3 - For the full year, analysts expect earnings of $1.58 per share and revenue of $174.4 million, representing changes of -3.07% and +0.46% respectively from the previous year [3] Group 4 - Recent changes to analyst estimates for Synchronoss are important as they reflect short-term business trends, with positive revisions indicating analyst optimism regarding the company's business and profitability [4] Group 5 - The Zacks Rank system, which considers estimate changes, provides a rating system for investors, with the current Zacks Rank for Synchronoss being 3 (Hold) [5][6] Group 6 - Synchronoss is currently traded at a Forward P/E ratio of 7.74, which is a discount compared to the average Forward P/E of 27.97 for its industry [7] - The Internet - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 78, placing it in the top 32% of over 250 industries [7]

Group 1: Synchronoss (SNCR) Performance - Synchronoss shares increased by 12.3% to close at $12.23, supported by strong trading volume, significantly higher than normal [1] - The stock has gained 4.9% over the past four weeks, indicating a positive trend [1] - The company is experiencing strong recurring revenue growth and has secured strategic multiyear contracts with major customers [1] Group 2: Earnings Expectations - Synchronoss is expected to report quarterly earnings of $0.29 per share, reflecting a year-over-year decline of 34.1% [2] - Revenue expectations for the upcoming quarter are $42.11 million, which is a 2% decrease from the same quarter last year [2] - The consensus EPS estimate for Synchronoss has been revised 2.9% higher in the last 30 days, suggesting potential price appreciation [3] Group 3: Industry Context - Synchronoss operates within the Zacks Internet - Software industry, where BILL Holdings is another notable company [3] - BILL Holdings has a consensus EPS estimate of $0.38, which is a 36.7% decrease compared to the previous year [4] - Both Synchronoss and BILL Holdings currently hold a Zacks Rank of 3 (Hold), indicating a neutral outlook [3][4]