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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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, today announced that it has received notice from The Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that, after having a closing bid price over $1.00 for over eleven consecutive business days from December 11 through December 26, it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market, and that matter is now closed.

Synchronoss Regains Compliance with Nasdaq Minimum Bid Price Requirement

Synchronoss Technology (SNCR) is now a cloud-only business. Its operating expenses are likely to decline year over year.

Synchronoss (SNCR) Completes Transition to Cloud-Only Business

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., Dec. 11, 2023 (GLOBE NEWSWIRE) --   Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a leading global provider of personal cloud software and services, today provided the following updates enabled by the completion of its cloud-only transformation.

Synchronoss Completes Cloud-Only Transformation, Reaffirms 2023 and 2024 Financial Projections

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, today announced the appointment of Kevin Rendino as a new director, effective December 4, 2023. Mr. Rendino, Chairman and Chief Executive Officer of 180 Degree Capital Corp., is a respected leader with a distinguished career in financial services, bringing extensive expertise in capital markets, value investing, and corporate governance.

Synchronoss Technologies Board Appoints 180 Degree Capital's Kevin Rendino as New Director

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Synchronoss Technologies, Inc. (NASDAQ:SNCR ) Q3 2023 Earnings Conference Call November 7, 2023 4:30 PM ET Company Participants Jeff Miller - President and Chief Executive Officer Lou Ferraro - Chief Financial Officer Conference Call Participants Jon Hickman - Ladenburg Thalmann Aditya Dagaonkar - Northland Capital Markets Operator Good afternoon. Welcome to Synchronoss Technologies Third Quarter 2023 Earnings Conference Call.

Synchronoss Technologies, Inc. (SNCR) Q3 2023 Earnings Call Transcript

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 Million in Q3 2022 Year-over-Year Invoiced Cloud Revenue Increased 10.3% to $41.6 Million, Supported by the 14 th Consecutive Quarter of Double-Digit Cloud Subscriber Growth Company Updates 2023 Guidance, Provides Long-Term Operating Targets for Standalone Cloud Operations BRIDGEWATER, N.J., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc.  (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a leading global provider of personal cloud software and services, today reported financial results for its third quarter ended September 30, 2023.

Synchronoss Technologies Reports Third Quarter 2023 Results

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, today announced that it has completed the acquisition of the Messaging & NetworkX business units from Synchronoss (Nasdaq: SNCR). This will mark Lumine Group's ninth divestiture transaction in the communications and media space.

Lumine Group Acquires Synchronoss' Messaging & NetworkX Business Units

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 products and platforms, will hold a conference call on Tuesday, November 7, 2023 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 2023. Financial results will be issued in a press release prior to the call.

Synchronoss Technologies to Report Third Quarter 2023 Financial Results on Tuesday, November 7, 2023 at 4:30 p.m. ET

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 Digital Content 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 Digital Content

Leading Japanese Telecommunications Carrier SoftBank Corp. Deploys Synchronoss Personal Cloud

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 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

Synchronoss Announces SpatialNX 9.0 Including Support for PostgreSQL

Synchronoss (SNCR) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Here Is Why Bargain Hunters Would Love Fast-paced Mover Synchronoss (SNCR)

Synchronoss (SNCR) came out with a quarterly loss of $0.03 per share in line with the Zacks Consensus Estimate. This compares to earnings of $0.10 per share a year ago.

Synchronoss (SNCR) Reports Q2 Loss, Misses Revenue Estimates

Synchronoss Technologies, Inc. (NASDAQ:SNCR ) Q2 2023 Earnings Conference Call August 8, 2023 4:30 PM ET Company Participants Jeff Miller - President and Chief Executive Officer Lou Ferraro - Chief Financial Officer Operator Good afternoon, and welcome to Synchronoss Technologies Second Quarter 2023 Earnings Conference Call. Joining us today are Synchronous Technologies' President and CEO, Jeff Miller; and CFO, Lou Ferraro.

Synchronoss Technologies, Inc. (SNCR) Q2 2023 Earnings Call Transcript

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 products and platforms, will hold a conference call on Tuesday, August 8, 2023 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the second quarter ended June 30, 2023. Financial results will be issued in a press release prior to the call.

Synchronoss Technologies to Report Second Quarter 2023 Financial Results on Tuesday, August 8, 2023 at 4:30 p.m. ET

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 Partnership, Verizon will Continue to Utilize Synchronoss Personal Cloud to Enable Subscribers to Manage, Optimize, and Share All Types of Digital Content

Synchronoss and Verizon Sign Cloud Contract Extension through 2030

Synchronoss (SNCR) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to earnings of $0.02 per share a year ago.

Synchronoss (SNCR) Reports Q1 Loss, Misses Revenue Estimates

Synchronoss Technologies, Inc. (NASDAQ:SNCR ) Q1 2023 Earnings Conference Call May 9, 2023 4:30 PM ET Company Participants Jeff Miller - President and Chief Executive Officer Lou Ferraro - Chief Financial Officer Conference Call Participants Operator Good afternoon. Welcome to Synchronoss Technologies First Quarter 2023 Earnings Conference Call.

Synchronoss Technologies, Inc. (SNCR) Q1 2023 Earnings Call Transcript

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 products and platforms, is scheduled to present at the Ladenburg Thalmann Virtual Tech Expo on April 27th at 9:00 AM Eastern time.

Synchronoss Technologies to Present at the Ladenburg Thalmann Virtual Tech Expo

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 products and platforms, today confirmed that on March 10, 2023 it received a non-binding proposal from B. Riley Financial, Inc. (“B. Riley”) to acquire all outstanding shares of the Company's common stock for a price of $1.15 per share, payable in cash (the “B. Riley Proposal”).

Synchronoss Technologies Confirms Receipt of Non-Binding Proposal from B. Riley Financial

Synchronoss Technologies, Inc. (NASDAQ:SNCR ) Q4 2022 Earnings Conference Call March 7, 2023 4:30 PM ET Company Participants Jeff Miller - President and Chief Executive Officer Lou Ferraro - Chief Financial Officer Conference Call Participants Josh Nichols - B. Riley Michael Latimore - Northland Capital Markets Operator Good afternoon.

Synchronoss Technologies, Inc. (SNCR) Q4 2022 Earnings Call Transcript

Income from Operations of $1.3 Million Versus Loss of $19.0 Million in 2021

Synchronoss Technologies Reports Fourth Quarter and Full Year 2022 Results

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-Added Services to Tens of Millions of Subscribers

Synchronoss Announces Strong Messaging Platform Growth in Asia Pacific Fueled by Advanced Messaging

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 Widely Deployed by Leading Telecom Operators, the New Synchronoss Personal Cloud Includes Genius, BackTrack and Other Features to Ensure Data Security and Privacy

Synchronoss to Showcase AI-Powered Personal Cloud Platform at Mobile World Congress

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 products and platforms, will hold a conference call on Tuesday, March 7, 2023 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, 2022. Financial results will be issued in a press release prior to the call.

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