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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Cloud Subscribers Grew 16% Year-Over-Year Versus 12% In the Prior Year Cloud Subscribers Grew 16% Year-Over-Year Versus 12% In the Prior Year

Synchronoss Reports Third Quarter Revenue of $69.8 Million and Raises Adjusted EBITDA Guidance For 2021

New partnership will allow Indonesian mobile operator to bring personal cloud services to a market of more than 170 million subscribers New partnership will allow Indonesian mobile operator to bring personal cloud services to a market of more than 170 million subscribers

Synchronoss Personal Cloud Solution Selected by Telkomsel to Bolster Digital Services Offering

BRIDGEWATER, N.J., Nov. 02, 2021 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (SNCR) (the “Company” or “Synchronoss”), a global leader and innovator in cloud, messaging and digital products and platforms, today announced that the Company issued stock options and restricted stock awards in connection with the appointment of Taylor Greenwald as Executive Vice President and Chief Financial Officer. Each of these grants was an inducement award that was approved by the Compensation Committee of Synchronoss' Board of Directors, and granted as an inducement equity award under the Company's 2017 New Hire Equity Incentive Plan in accordance with Nasdaq Listing Rule 5635(c)(4).

Synchronoss Technologies, Inc. Reports Inducement Grants to CFO Taylor Greenwald Under Nasdaq Listing Rule 5635(c)(4)

Finance leader brings more than 20 years of public company experience to Synchronoss Finance leader brings more than 20 years of public company experience to Synchronoss

Synchronoss Names Taylor C. Greenwald Chief Financial Officer

Synchronoss (SNCR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Synchronoss (SNCR) Q3 Earnings Expected to Decline

BRIDGEWATER, N.J., Nov. 01, 2021 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. (NASDAQ: SNCR), a global leader and innovator of cloud, messaging and digital solutions, today announced that it will release its financial results for the third quarter of 2021, ended September 30, 2021, on Monday, November 8, 2021, after the close of the market.

Synchronoss To Report Third Quarter 2021 Financial Results on November 8, 2021

TRENTON, N.J. , Sept. 13, 2021 /PRNewswire/ -- UNITED STATES DISTRICT COURT DISTRICT OF NEW JERSEY IN RE SYNCHRONOSS TECHNOLOGIES, INC.

Grant & Eisenhofer P.A. Announce a Class Action Settlement Involving Purchasers of Synchronoss Common Stock

Investors need to pay close attention to Synchronoss (SNCR) stock based on the movements in the options market lately.

Implied Volatility Surging for Synchronoss (SNCR) Stock Options

Synchronoss Technologies, Inc. (SNCR) CEO Jeffrey Miller on Q2 2021 Results - Earnings Call Transcript

Synchronoss (SNCR) delivered earnings and revenue surprises of -22.73% and 7.58%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Synchronoss (SNCR) Reports Q2 Loss, Tops Revenue Estimates

Shares of Synchronoss Technologies (NASDAQ:SNCR) rose in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were down 268.75% year over year to ($0.27), which missed the estimate of ($0.20).

Synchronoss Technologies: Q2 Earnings Insights

Recent Recapitalization Provides Flexibility To Support Long-Term Profitable Growth Recent Recapitalization Provides Flexibility To Support Long-Term Profitable Growth

Synchronoss Reports Second Quarter Revenue of $71.5 Million and Adjusted EBITDA of $13.3 Million, Up 15% Year Over Year

New partnership will allow Japanese retailer to offer content storage as it seeks to digitize more of its services New partnership will allow Japanese retailer to offer content storage as it seeks to digitize more of its services

Synchronoss Personal Cloud Solution Selected for Integration into Japan's Kitamura Online and Retail Channels

Analysts Estimate Synchronoss (SNCR) to Report a Decline in Earnings: What to Look Out for

BRIDGEWATER, N.J., July 29, 2021 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. (NASDAQ: SNCR), a global leader and innovator of cloud, messaging and digital solutions, today announced that it will release its financial results for the second quarter of 2021, ended June 30, 2021, on Monday, August 9, 2021, after the close of the market.

Synchronoss To Report Second Quarter 2021 Financial Results on August 9, 2021

BRIDGEWATER, N.J., July 27, 2021 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (NASDAQ: SNCR), a global leader and innovator of cloud, messaging and digital products and platforms, today announced the appointment of Christina “Chrissy” Gabrys as Chief Legal Officer. Gabrys succeeds Ronald Prague who is stepping down after 15 years with the company to pursue other interests. In her new role, Gabrys will oversee all legal affairs for the company.

Synchronoss Names Christina Gabrys Chief Legal Officer

Two new products and expanded functionality for spatialSUITE 8.6 enables end-to-end network design and asset management for fiber and HFC networks Two new products and expanded functionality for spatialSUITE 8.6 enables end-to-end network design and asset management for fiber and HFC networks

Synchronoss Announces Major Upgrade to Its Comprehensive Network Management Suite

B. Riley Executive Brings Strong Financial Acumen to the Board B. Riley Executive Brings Strong Financial Acumen to the Board

Martin Bernstein Joins Synchronoss Board of Directors

In addition, Synchronoss raised $75 million through a private placement of preferred stock

Synchronoss Announces Closing of $235 Million of Common Stock and Senior Notes Offerings

The stock price of Synchronoss Technologies, Inc. (NASDAQ: SNCR) increased 21.31% yesterday. This is why it happened.

SNCR Stock Price Increased 21.31%: Why It Happened

BRIDGEWATER, N.J., June 25, 2021 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (SNCR) (the “Company” or “Synchronoss”), a global leader and innovator in cloud, messaging and digital products and platforms, today announced the pricing of an underwritten public offering of $125 million aggregate principal amount of 8.375% senior notes due 2026, including the exercise in full by the underwriters of the underwriters' option to purchase an additional $5 million aggregate principal amount of senior notes. The offering is expected to close on or about June 30, 2021, subject to satisfaction of customary closing conditions.

Synchronoss Technologies, Inc. Announces Pricing of $125 Million Public Offering of Senior Notes

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Synchronoss Technologies Inc (NASDAQ: SNCR) priced 38.5 million shares at $2.6 per share to raise $100 million in a secondary share sale. The offer price signifies a 10.7% discount to Synchronoss' Thursday closing share price of $2.91.

Synchronoss Technologies Stock Jumps On Raising $100M Via Equity Offering At 11% Discount

BRIDGEWATER, N.J., June 25, 2021 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (SNCR) (the “Company” or “Synchronoss”), a global leader and innovator in cloud, messaging and digital products and platforms, today announced the pricing of an underwritten public offering of 38,461,538 shares of its common stock at a public offering price of $2.60 per share. The gross proceeds from the offering, before deducting underwriting discounts and commissions and offering expenses payable by Synchronoss, are expected to be $100 million. In addition, Synchronoss has granted the underwriters a 30-day option to purchase up to 3,846,154 additional shares of common stock at the public offering price, less the underwriting discounts and commissions.

Synchronoss Technologies, Inc. Announces Pricing of $100 Million Public Offering of Common Stock

BRIDGEWATER, N.J., June 24, 2021 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (SNCR) (the “Company” or “Synchronoss”), a global leader and innovator in cloud, messaging and digital products and platforms, today announced that the Company intends to offer and sell, subject to market and other conditions, $120 million aggregate principal amount of senior notes due 2026 in an underwritten public offering. Synchronoss also expects to grant the underwriters a 30-day option to purchase an additional $5 million aggregate principal amount of senior notes in connection with the offering. There can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

News for Synchronoss Stock (SNCR)