Synchronoss Technologies, Inc. Stock News

Synchronoss Technologies Inc (NASDAQ:SNCR) earlier this week discussed its recent Q3 financial results and growth strategies in an interview with Proactive. The company reported an 8% increase in revenue year-over-year, with adjusted EBITDA growing 37% to $12.7 million, resulting in a 29.5% EBITDA margin.

Synchronoss Technologies, Inc.'s Q3 2024 results showed flat revenues and operating profitability, but market concerns over bottom-line changes led to a 10% stock drop. The company trades at a high P/E of 18.2x and EV/NOPAT of 13.5x, which seems unjustified given its leverage and competitive environment. Key risks include renegotiation of the AT&T contract, which could impact margins, and high ...

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 Synchr...

Synchronoss Technologies Inc (NASDAQ:SNCR) raised its full-year financial outlook off the back of a strong third quarter marked by continued subscriber expansion and operational efficiencies. For the quarter ended Sept.

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.

Synchronoss Technologies Inc (NASDAQ:SNCR) announced it had renewed a three-year contract with a major French telecommunications operator. The partnership will allow the operator, which serves over 27 million customers across France, to continue offering a suite of cloud-based services powered by Synchronoss Personal Cloud.

Shares of Synchronoss Technologies Inc (SNCR, Financial) fell 4.47% in mid-day trading on Oct 2. The stock reached an intraday low of $12.80, before recovering slightly to $13.47, down from its previous close of $14.10.

Synchronoss Technologies, Inc. showed a positive second quarter with improved margins and revenue growth. The company restructured debt, reducing interest expenses and improving its financial position. Synchronoss Technologies' valuation remains rational but not attractive due to high leverage and uncertain revenue growth prospects.