Synchronoss (SNCR) Tops Q3 Earnings Estimates

Core Insights - Synchronoss (SNCR) reported quarterly earnings of $0.63 per share, exceeding the Zacks Consensus Estimate of $0.35 per share, compared to a loss of $0.26 per share a year ago, representing an earnings surprise of +80.00% [1] - The company posted revenues of $42 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 2.41%, and down from $42.96 million year-over-year [2] - Synchronoss shares have declined approximately 42% year-to-date, while the S&P 500 has gained 16.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.42 on revenues of $44.43 million, and for the current fiscal year, it is $0.82 on revenues of $172.17 million [7] - The estimate revisions trend for Synchronoss was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Internet - Software industry, to which Synchronoss belongs, is currently ranked in the top 32% of over 250 Zacks industries, suggesting that stocks in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8] - Another company in the same industry, Bumble Inc. (BMBL), is expected to report quarterly earnings of $0.38 per share, reflecting a year-over-year change of +8.6%, with revenues anticipated to be $244.56 million, down 10.6% from the previous year [9]