Synchronoss

Synchronoss Technologies, Inc. engages in the provision of cloud and enterprise solutions. The firm offers software-based activation for connected devices globally. Its platform includes cloud home, personal cloud content transfer and out-of-box experience, advance messaging and email suite, journey creation and advisor, digital coach, digital portal, activation, Internet of Things (IoT), and smart buildings. The company was founded by James M. McCormick and Stephen G. Waldis in 2000 and is headquartered in Bridgewater, NJ.

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Synchronoss Technologies excels in Q1 2024, eyes sustained growth

Synchronoss Technologies reported robust financial performance in Q1 2024, driven by recurring revenue, improved profitability, and technological advancements.
While facing challenges in achieving free cash flow targets and sustaining subscriber growth, the company's strategic priorities and key partnerships offer growth opportunities.
Overall, Synchronoss is well-positioned to capitalize on its strengths, navigate challenges, and leverage opportunities for continued growth and market expansion.

Synchronoss (SNCR) posts robust Q2 results, eyes growth opportunities

Synchronoss (SNCR) delivered a strong Q2 performance with revenue and EBITDA growth, bolstered by strategic initiatives and cost-saving measures.
While challenges persist with legal uncertainties, the company's focus on stability, efficiency, and growth presents promising opportunities for investors.
Overall, Synchronoss is well-positioned to capitalize on its strengths, navigate challenges, and leverage opportunities for sustained financial success.

Synchronoss reports revenue growth and strategic wins in Q3

Synchronoss delivered solid Q3 results with revenue and adjusted EBITDA growth, supported by a stable contract extension with SFR.
Focus on product innovation, cost efficiencies, and revenue guidance revision underpin the company's positive outlook.
While facing challenges like declining free cash flow, Synchronoss maintains financial stability and growth opportunities through strategic initiatives.
Balancing operational costs, revenue growth, and debt reduction will be key for Synchronoss to sustain its performance and competitiveness.

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Zacks.com users have recently been watching Synchronoss (SNCR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Investors Heavily Search Synchronoss Technologies, Inc. (SNCR): Here is What You Need to Know

SNCR shares gain from strong cloud growth and partnerships but face pressure from liquidity challenges due to higher litigation costs.

Synchronoss Rises 16% in a Month: How Should You Play It?

Synchronoss Technologies Inc (NASDAQ:SNCR), a leading provider of cloud-based software solutions, has solidified its position in the digital content protection market with a three-year contract extension from AT&T, one of its major telecom partners. CEO Jeff Miller recently spoke with Proactive to share details of this milestone, highlighting the company's success as a cloud-only provider in 2024 and its ambitious plans for 2025, including leveraging AI and machine learning to enhance user experiences.

Synchronoss CEO discusses milestone contract and future growth – ICYMI

Synchronoss Technologies Inc (NASDAQ:SNCR) announced on Thursday a three-year contract extension with a leading US telecom provider. The partnership leverages Synchronoss Personal Cloud to allow users to securely back up, manage, and share digital content across multiple devices and the cloud.

Synchronoss extends cloud platform contract with major US telecom provider

BRIDGEWATER, N.J., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (NASDAQ: SNCR), a global leader and innovator in personal cloud platforms, today announced a three-year contract extension with a leading U.S. telecom provider.

Synchronoss Announces Three-Year Contract Extension with Major U.S Telecom Provider

Synchronoss (SNCR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Here is What to Know Beyond Why Synchronoss Technologies, Inc. (SNCR) is a Trending Stock

Telecom operators worldwide are under pressure to modernize their networks while managing legacy systems. Industry leaders, including Vodafone and BT, have acknowledged the strain of monetizing these investments, highlighting the need for innovative solutions to unlock growth and improve efficiency.

Synchronoss Technologies bets on cloud to propel telecoms into the future

Recently, Zacks.com users have been paying close attention to Synchronoss (SNCR). This makes it worthwhile to examine what the stock has in store.

Synchronoss Technologies, Inc. (SNCR) is Attracting Investor Attention: Here is What You Should Know

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Brokers Suggest Investing in Synchronoss (SNCR): Read This Before Placing a Bet

SNCR shares benefit from strong demand for its personal cloud solutions and rich partner base despite intense competition and foreign exchange losses.

Synchronoss Rallies 44% Year to Date: Buy, Hold or Sell the Stock?

Synchronoss Technologies, Inc. (SNCR) Is a Trending Stock: Facts to Know Before Betting on It

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 CEO on Q3 growth, SFR partnership and 2025 prospects - ICYMI

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 debt costs affecting net income.

Synchronoss Technologies Remains A Hold Waiting For The AT&T Renewal

SNCR's third-quarter 2024 results reflect growth in cloud subscribers.

Synchronoss Stock Falls as Q3 Earnings & Revenues Miss Estimates

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 Synchronoss Technologies Third Quarter 2024 Earnings Call. At this time, all participants are in the listen-only mode.

Synchronoss Technologies, Inc. (SNCR) Q3 2024 Earnings Call Transcript

Synchronoss (SNCR) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of $0.25. This compares to earnings of $0.45 per share a year ago.

Synchronoss (SNCR) Reports Q3 Loss, Misses Revenue Estimates

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.

Synchronoss Technologies raises guidance following strong Q3 performance

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 to Present at 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.

Synchronoss Technologies secures three-year contract renewal with French operator

SNCR's third-quarter 2024 results are likely to benefit from strong demand for its personal cloud solutions and rich partner base.

Synchronoss Set to Report Q3 Earnings: Buy, Sell or Hold the Stock?

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Wall Street Bulls Look Optimistic About Synchronoss (SNCR): Should You Buy?

In the closing of the recent trading day, Synchronoss (SNCR) stood at $11.29, denoting a +1.35% change from the preceding trading day.

Synchronoss (SNCR) Beats Stock Market Upswing: What Investors Need to Know

Synchronoss (SNCR) reachead $11.68 at the closing of the latest trading day, reflecting a -0.51% change compared to its last close.

Synchronoss (SNCR) Stock Drops Despite Market Gains: Important Facts to Note

SNCR is an attractive stock for growth-oriented investors, given its portfolio strength and strong partner base. However, stretched valuation is a concern.

Is Synchronoss Stock a Buy, Sell, or Hold at 0.73X Price-Sales Ratio?

The latest trading day saw Synchronoss (SNCR) settling at $12.77, representing a -1.69% change from its previous close.

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