Synchronoss Technologies, Inc. Stock News

Synchronoss Technologies has completed its restructuring, stabilized contracts, and improved margins. Q4 revenues grew 7% YoY, driven by 6% subscriber growth, with gross margins expanding by over 500bps and EBITDA margins by 600bps. SNCR's key contracts with Verizon and AT&T are secured through 2030 and 2027, respectively, ensuring stability in the U.S. market.

Synchronoss Technologies, Inc. (NASDAQ:SNCR ) Q4 2024 Earnings Conference Call March 11, 2025 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 Richard Baldry - Roth Capital Operator Greetings and welcome to the Synchronoss Technologies Fourth Quarter 2024 Earn...

Synchronoss Technologies Inc (NASDAQ:SNCR) reported a strong fourth-quarter performance, with revenue growth driven by an increase in cloud subscribers and higher profitability. The company, which specializes in personal cloud platforms, posted total revenue of $44.2 million for the quarter ended December 31, 2024, up from $41.4 million a year earlier, fueled by a 6% increase in cloud subscribers.

Fourth Quarter Revenue Grew 6.8% Year-Over-Year to $44.2 Million, Including 91% Recurring Revenue GAAP Gross Margin Expands to 69.1%; Adjusted Gross Margin Rises to 79.3% Announced Three-Year Contract Extension with Major U.S. Telecom Provider in December Unveiled Capsyl, a Turn-Key Personal Cloud Solution for Global Operators, in March 2025 BRIDGEWATER, N.J., March 11, 2025 (GLOBE NEWSWIRE) --...

Synchronoss Technologies Inc (NASDAQ:SNCR) earlier this week announced the launch of Capsyl Cloud at the Mobile World Congress (MWC) 2025 in Barcelona. The company said Capsyl Cloud is designed to streamline the onboarding process for telecom providers looking to offer branded cloud storage services.

Synchronoss Technologies Inc (NASDAQ:SNCR) has launched Capsyl Cloud, a new personal cloud platform designed for mobile operators and broadband providers. The service aims to help operators quickly introduce their own branded cloud storage solutions without major investment.

Empowering Mobile Operators and Service Providers toRapidly Launch and Monetize Consumer Cloud Services BRIDGEWATER, N.J., March 03, 2025 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (“Synchronoss”) (NASDAQ: SNCR), a global leader in personal cloud solutions, today introduced Capsyl Cloud™, a new turn-key personal cloud platform designed for mobile operators and broadband service provider...

BRIDGEWATER, N.J., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in Personal Cloud platforms, will hold a conference call on Tuesday, March 11, 2025 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fourth quarter and full year ended December 31, 2024. Finan...