Synchronoss Technologies, Inc. (NASDAQ:SNCR) Q1 2024 Earnings Call Transcript May 7, 2024 Synchronoss Technologies, Inc. beats earnings expectations. Reported EPS is $0.44, expectations were $-0.5. SNCR isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon. Welcome to Synchronoss Technologies […]
Q1 Revenue Grew to $43.0 Million, Surpassing 91% Recurring Revenue GAAP Gross Margin Expands to 67%; Adjusted Gross Margin Rises to 76% Streamlined Operations Improve Profitability with Net Income Increasing by $15.7 Million Year-Over-Year; EPS Improved to $0.23 from $(1.39) in Q1 2023; Adjusted EBITDA Improved 78% to $10.9 Million Company Reaffirms 2024 Guidance BRIDGEWATER, N.J., May 07, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a g
Synchronoss Technologies (SNCR) first-quarter performance is expected to reflect its expanding cloud subscriber base.