Synchronoss Technologies, Inc. (SNCR)
| Market Cap | 64.40M |
| Revenue (ttm) | 234.70M |
| Net Income (ttm) | -55.19M |
| Shares Out | 10.37M |
| EPS (ttm) | -4.68 |
| PE Ratio | n/a |
| Forward PE | 92.59 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 31,555 |
| Open | 6.24 |
| Previous Close | 6.29 |
| Day's Range | 6.01 - 6.38 |
| 52-Week Range | 2.70 - 10.53 |
| Beta | 1.51 |
| Analysts | Strong Buy |
| Price Target | 18.00 (+189.86%) |
| Earnings Date | Nov 7, 2023 |
About SNCR
Synchronoss Technologies, Inc. provides cloud, messaging, digital, and network management solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company's product EngageX, offers personal cloud, which helps in backup, manage, and engage with content; multi-channel messaging, peer-to-peer communications, and application-to-person commerce solutions; and email solutions. Its OnboardingX offers backup, view, and restore content in operating systems and devices; streamlines the activation of new services and devices; ... [Read more]
Financial Performance
In 2022, SNCR's revenue was $252.63 million, a decrease of -9.97% compared to the previous year's $280.62 million. Losses were -$27.02 million, -71.24% less than in 2021.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for SNCR stock is "Strong Buy" and the 12-month stock price forecast is $18.0.
News
Synchronoss Regains Compliance with Nasdaq Minimum Bid Price Requirement
BRIDGEWATER, N.J., Dec. 28, 2023 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a leading global provider of personal cloud software and services, ...
Synchronoss Completes Cloud-Only Transformation, Reaffirms 2023 and 2024 Financial Projections
Emphasizing Expected Long-Term Financial Outlook and Strong Cash Flow Generation in 2024 and Beyond Identifies Significant Cost Savings for Immediate Positive Impact on Free Cash Flow BRIDGEWATER, N.J...
Synchronoss Technologies Board Appoints 180 Degree Capital's Kevin Rendino as New Director
BRIDGEWATER, N.J., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a leading global provider of personal cloud software and services, ...
Synchronoss Technologies Reports Third Quarter 2023 Results
Completes Sale of Messaging and NetworkX Businesses, Realizes Multi-Year Strategy of Cloud-Only Operating Model Net Cash Provided by Operating Activities of $6.7 Million, a 53.6% Increase from $4.4 Mi...
Lumine Group Acquires Synchronoss' Messaging & NetworkX Business Units
TORONTO, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Lumine Group Inc. (“Lumine Group” or “the Company”) (TSXV: LMN), a global buy-and-hold forever acquirer of communications and media software businesses, toda...
Synchronoss Technologies to Report Third Quarter 2023 Financial Results on Tuesday, November 7, 2023 at 4:30 p.m. ET
BRIDGEWATER, N.J., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in cloud, messaging, and digital pro...
Leading Japanese Telecommunications Carrier SoftBank Corp. Deploys Synchronoss Personal Cloud
Roll Out of Anshin Data Box Powered by Synchronoss Personal Cloud Integrates Artificial Intelligence Functionality and Enables Customers to Optimize, Organize, and Safeguard Photos, Videos, and Other ...
Synchronoss Announces SpatialNX 9.0 Including Support for PostgreSQL
New Version Offers Service Providers with a Reliable and Scalable Platform to Centralize and Automate All Aspects of Physical Network Infrastructure, including Planning, Design, and Management New Ver...
Synchronoss Technologies to Report Second Quarter 2023 Financial Results on Tuesday, August 8, 2023 at 4:30 p.m. ET
BRIDGEWATER, N.J., July 25, 2023 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in cloud, messaging and digital prod...
Synchronoss and Verizon Sign Cloud Contract Extension through 2030
Building on a 10-Year Partnership, Verizon will Continue to Utilize Synchronoss Personal Cloud to Enable Subscribers to Manage, Optimize, and Share All Types of Digital Content Building on a 10-Year P...
Synchronoss Technologies to Present at the Ladenburg Thalmann Virtual Tech Expo
BRIDGEWATER, N.J., April 20, 2023 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”)(Nasdaq: SNCR), a global leader and innovator in cloud, messaging and digital p...
Synchronoss Technologies Confirms Receipt of Non-Binding Proposal from B. Riley Financial
BRIDGEWATER, N.J., March 13, 2023 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in cloud, messaging, and digital pr...
Synchronoss Technologies Reports Fourth Quarter and Full Year 2022 Results
Income from Operations of $1.3 Million Versus Loss of $19.0 Million in 2021
Synchronoss Announces Strong Messaging Platform Growth in Asia Pacific Fueled by Advanced Messaging
Global Service Providers Utilizing Synchronoss Platforms to Deliver Value-Added Services to Tens of Millions of Subscribers Global Service Providers Utilizing Synchronoss Platforms to Deliver Value-Ad...
Synchronoss to Showcase AI-Powered Personal Cloud Platform at Mobile World Congress
Purpose-Built and Widely Deployed by Leading Telecom Operators, the New Synchronoss Personal Cloud Includes Genius, BackTrack and Other Features to Ensure Data Security and Privacy Purpose-Built and W...
Synchronoss Technologies to Report Fourth Quarter and Full Year 2022 Financial Results on Tuesday, March 7, 2023 at 4:30 p.m. ET
BRIDGEWATER, N.J., Feb. 21, 2023 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”)(Nasdaq: SNCR), a global leader and innovator in cloud, messaging and digital produc...
Synchronoss Technologies to Present at the Sidoti Virtual Investor Conference on January 18th
BRIDGEWATER, N.J., Jan. 10, 2023 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”)(Nasdaq: SNCR), a global leader and innovator in cloud, messaging and digital produ...
Synchronoss Announces More Than 30 Million RCS-Based Messaging Subscribers in Japan
Leveraging the Synchronoss Advanced Messaging Platform, NTT DOCOMO, KDDI, and SoftBank Deliver Cross-Operator Advanced Messaging Service Enabling Users and Brands to Communicate, Interact, and Transac...
Leading Global Operator Selects Synchronoss to Deliver Personal Cloud Offering
Leading Provider of Mobile, Telecommunications and ISP Services Rolling Out Personal Cloud Offering to Safeguard Files, Photos, Videos, and Other Digital Content Leading Provider of Mobile, Telecommun...
Synchronoss Technologies to Present at the Ladenburg Thalmann Virtual Tech Expo on December 7th
BRIDGEWATER, N.J., Nov. 29, 2022 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”)(Nasdaq: SNCR), a global leader and innovator in cloud, messaging and digital pr...
Synchronoss Named as a Finalist in the 2022 NJBIZ Business of the Year Awards
Synchronoss Recognized for Corporate Citizen of the Year Category for Sync Cares Program Synchronoss Recognized for Corporate Citizen of the Year Category for Sync Cares Program
Consolidated Communications Signs Multi-Year Deal with Synchronoss to Power Wholesale Channel
Synchronoss ConnectNX Provides a Centralized System to Streamline the Order and Fulfillment Processes of Wholesale Broadband Connectivity, Such as Switched Ethernet, Internet Access, Backhaul, and Tra...
Synchronoss Unveils Rebranded NetworkX Product Portfolio at ChannelVision Expo 2022
Company Aligns Components of its Digital Products and Platforms to Enable Telecom Service Providers to Optimize the Utilization of their Network Assets and Services While Reducing Costs Company Aligns...
Synchronoss Technologies, Inc. Reports Inducement Grants to Employees Under Nasdaq Listing Rule 5635(c)(4)
BRIDGEWATER, N.J., Oct. 31, 2022 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (SNCR) (the “Company” or “Synchronoss”), a global leader and innovator in cloud, messaging and digital products and ...
Synchronoss Technologies to Report Third Quarter 2022 Financial Results on Tuesday, November 8, 2022 at 4:30 p.m. ET
BRIDGEWATER, N.J., Oct. 25, 2022 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”)(Nasdaq: SNCR), a global leader and innovator in cloud, messaging and digital produc...