Synchronoss Technologies, Inc. Stock News

Synchronoss Technologies, Inc. (NASDAQ:SNCR ) Q1 2025 Earnings Conference Call May 6, 2025 4:30 PM ET Company Participants Ryan Gardella - IR Jeff Miller - President and CEO Lou Ferraro - CFO Conference Call Participants Richard Baldry - ROTH Capital Partners Aditya Dagaonkar - Northland Capital Operator Greetings and welcome to the Synchronoss Technologies' First Quarter 2025 Earnings Conferen...

Synchronoss Technologies Inc (NASDAQ:SNCR) delivered a solid first quarter, driven by cloud subscriber growth, high recurring revenue, improved margins, and strong operational execution The personal cloud software provider reported first-quarter results in line with its expectations on Tuesday and said it had completed a $200 million refinancing that strengthens its balance sheet. During the qu...

First Quarter Revenue was $42.2 Million, Including 93.1% Recurring Revenue GAAP Gross Margin Expands to 70.4%; Adjusted Gross Margin Rises to 79.0% Closed $200 Million Term Loan Refinancing in April, Extending Debt Maturity Until 2029 Reaffirms All Full Year Guidance Metrics BRIDGEWATER, N.J., May 06, 2025 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. (“Synchronoss” or the “Company”) (Nasda...

Synchronoss Technologies Inc (NASDAQ:SNCR) has announced a refinancing agreement with TP Birch Grove, securing a new $200 million, four-year term loan that will replace its existing senior notes and term loan facilities. Synchronoss Technologies CEO Lou Ferraro said the new term loan adds to the financial stability of the company.

BRIDGEWATER, N.J., April 29, 2025 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in Personal Cloud platforms, announced that it has entered into an agreement with TP Birch Grove to refinance its existing senior notes and term loan facilities with a new $200 million, four-year term loan, extending the maturity of i...

BRIDGEWATER, N.J., April 22, 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, May 6, 2025 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2025. Financial results will be...

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...