Synchronoss Technologies(SNCR)
icon
搜索文档
Synchronoss Technologies(SNCR) - 2024 Q2 - Earnings Call Transcript
2024-08-07 09:49
财务数据和关键指标变化 - 公司第二季度收入为4350万美元,同比增长5.9%,主要由于云订阅用户增长6.1% [12][36] - 调整后毛利率为77.5%,较上年同期的73.2%有所提升,主要由于出售非核心资产和成本控制 [13] - 净利润为78万美元,较上年同期的1100万美元亏损有大幅改善 [39] - 调整后EBITDA为1300万美元,同比增长115%,EBITDA利润率达29.9% [14][40] - 经营活动产生的自由现金流为760万美元,较上年同期的640万美元有所增加 [41] 各条业务线数据和关键指标变化 - 公司云订阅业务持续增长,第二季度同比增长6.1% [35] - 公司90.5%的收入来自于合约性的经常性收入,较上年同期的89.5%有所提升 [35] 各个市场数据和关键指标变化 - 公司在日本市场的业务发展势头良好,去年底部署个人云平台为软银的Angel data box服务,日本市场成为公司重点关注的市场 [18][19] - 公司在美国市场的主要客户威瑞森推出了无限云存储服务,并将云存储服务整合到其家庭宽带业务中,进一步拓展了公司的业务 [16] 公司战略和发展方向及行业竞争 - 公司正在向全球云解决方案提供商转型,并取得了良好的进展 [8] - 公司通过出售非核心业务,专注于高毛利的云业务,使公司收入和利润能够持续增长 [22][23] - 公司正在加强在日本市场的业务拓展,认为日本市场是重要的增长机会 [18][19] - 公司未来2-3年的目标包括实现双位数收入增长、经常性收入占比至少90%、毛利率至少75%、EBITDA利润率至少30%以及持续正现金流 [48] 管理层对经营环境和未来前景的评论 - 管理层认为公司已经渡过了多个重大障碍,业务表现符合高毛利、现金流正的SaaS公司特征,对未来执行战略的能力充满信心 [28] - 管理层预计2024年全年收入增长5.8%、经常性收入占比85%-90%、自由现金流至少1000万美元 [48] - 管理层预计未来2-3年内实现双位数收入增长、经常性收入占比至少90%、毛利率至少75%、EBITDA利润率至少30%以及持续正现金流 [48] 其他重要信息 - 公司通过再融资,以75百万美元的新增贷款偿还了全部6080万美元的优先股和部分高级债券,大幅降低了资本成本 [20][29][30][31][32] - 公司预计将在2024年下半年收到2800万美元的税收返还,并将其中50%用于偿还贷款 [34] - 公司已经解决了与前高管的法律纠纷,未来不会再有相关的法律费用支出 [26][43][51]
Synchronoss (SNCR) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2024-08-07 07:35
Synchronoss (SNCR) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to loss of $0.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 585.71%. A quarter ago, it was expected that this mobile services company would post a loss of $0.50 per share when it actually produced earnings of $0.44, delivering a surprise of 188%.Over the last four quarters, the com ...
Synchronoss Technologies(SNCR) - 2024 Q2 - Quarterly Results
2024-08-07 04:36
财务业绩 - 总收入同比增长6%至4350万美元,其中经常性收入占90.5%[1] - GAAP毛利率扩大至67.5%,调整后毛利率上升至77.5%[1] - 净收入同比增加1110万美元,每股收益由-1.13美元改善至0.01美元,调整后EBITDA同比增长115%至1300万美元[2] - 公司2024年上半年总收入为864.23亿美元,同比增长4.1%[25] - 公司2024年上半年毛利率为67.2%,同比提升3.2个百分点[28] - 公司2024年上半年非GAAP净利润为95.98亿美元,同比增长187.4%[32] - 公司2024年上半年非GAAP每股收益为0.94美元,同比增长182.9%[33] - 公司2024年上半年经营活动产生的现金流为118.4亿美元,同比下降5.7%[25] - 2024年第二季度净收入为7.8万美元,较上年同期亏损2,437万美元有所改善[36] - 2024年上半年调整后EBITDA为2,389.3万美元,较上年同期增长96.5%[36] - 2024年上半年自由现金流为433万美元,较上年同期增长95.7%[37] - 2024年上半年调整后自由现金流为954.7万美元,较上年同期增长0.5%[37] 债务管理 - 以75百万美元的新贷款偿还了6080万美元的优先股和1970万美元的高级票据,降低了总债务和资本成本[3] 业务发展 - 与Verizon合作为客户提供无限云存储服务,深化了双方的长期合作关系[5] - 任命西野纯次为日本区总经理,日本是公司长期关注的市场,仍有显著增长机会[5] 财务指引 - 调整后毛利率预期为73%-77%,调整后EBITDA预期为4300万-4600万美元,占总收入至少25%[9] - 预计2024年总收入增长5%-8%,经常性收入占85%-90%,净现金流至少1000万美元[9] - 公司无法合理预测调整后EBITDA与GAAP净收益的具体调节项目[10] 成本管理 - 公司2024年上半年研发投入为222.27亿美元,占总收入25.7%[23] - 公司2024年上半年销售及管理费用为260.45亿美元,占总收入30.1%[23] - 公司2024年上半年重组费用为2.67亿美元,同比下降26.4%[23] - 2024年第二季度股票激励费用为124.5万美元[36] - 2024年第二季度重组和过渡费用为233.3万美元[36] - 2024年第二季度折旧和摊销费用为402.8万美元[36] - 2024年第二季度利息费用为348.6万美元[36] - 2024年第二季度所得税费用为270.8万美元[36] - 2024年第二季度非控股权益损益为亏损0.5万美元[36] 其他收益 - 公司2024年上半年其他收益为50.31亿美元,主要来自汇兑收益[23] - 公司2024年上半年所得税费用为33.11亿美元,同比增长300.1%[23]
Synchronoss (SNCR) to Report Q2 Earnings: What's in Store?
ZACKS· 2024-08-01 02:21
Synchronoss Technologies (SNCR) is set to release its second-quarter 2024 results on Aug 6.The Zacks Consensus Estimate for the top line is currently pegged at $43.09 million, indicating a 27.84% decline from the year-ago quarter’s reported figure.The consensus mark for earnings is pegged at 7 cents per share, unchanged in the past 30 days.Quarterly earnings beat the Zacks Consensus Estimate in three of the trailing four quarters while missing the same on one occasion, the average surprise being 28.82%. Let ...
Synchronoss (SNCR) Flat As Market Sinks: What You Should Know
ZACKS· 2024-07-25 06:56
Synchronoss (SNCR) closed the most recent trading day at $10.01, making no change from the previous trading session. The stock exceeded the S&P 500, which registered a loss of 2.32% for the day. At the same time, the Dow lost 1.25%, and the tech-heavy Nasdaq lost 3.64%.The mobile services company's shares have seen an increase of 31.54% over the last month, surpassing the Computer and Technology sector's gain of 0.49% and the S&P 500's gain of 1.79%.The investment community will be closely monitoring the pe ...
Synchronoss Technologies Announces Second Quarter 2024 Earnings Call Date
Newsfilter· 2024-07-23 20:00
BRIDGEWATER, N.J., July 23, 2024 (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, August 6, 2024 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, 2024. Financial results will be issued in a press release prior to the call. Synchronoss management will host the presentation, followed by a que ...
Synchronoss (SNCR) Advances While Market Declines: Some Information for Investors
ZACKS· 2024-07-18 06:56
Synchronoss (SNCR) ended the recent trading session at $9.87, demonstrating a +1.54% swing from the preceding day's closing price. The stock outpaced the S&P 500's daily loss of 1.39%. Meanwhile, the Dow experienced a rise of 0.6%, and the technology-dominated Nasdaq saw a decrease of 2.77%.Coming into today, shares of the mobile services company had gained 25.42% in the past month. In that same time, the Computer and Technology sector gained 1.25%, while the S&P 500 gained 4.43%.Market participants will be ...
Synchronoss (SNCR) Rises As Market Takes a Dip: Key Facts
ZACKS· 2024-07-12 07:05
In the latest trading session, Synchronoss (SNCR) closed at $9.18, marking a +0.33% move from the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.88%. Meanwhile, the Dow experienced a rise of 0.08%, and the technology-dominated Nasdaq saw a decrease of 1.95%.The the stock of mobile services company has risen by 8.8% in the past month, lagging the Computer and Technology sector's gain of 9.48% and overreaching the S&P 500's gain of 5.11%.The investment community will be c ...
Synchronoss Technologies Set to Join Russell Microcap® Index
Newsfilter· 2024-07-01 21:00
BRIDGEWATER, N.J., July 01, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in Personal Cloud platforms, is set to join the Russell Microcap® Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective after the US market opens today, July 1. The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Tuesday, April 30, ranking them by total market capitalization. Mem ...
Synchronoss Technologies Set to Join Russell Microcap® Index
GlobeNewswire News Room· 2024-07-01 21:00
BRIDGEWATER, N.J., July 01, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in Personal Cloud platforms, is set to join the Russell Microcap® Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective after the US market opens today, July 1. The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Tuesday, April 30, ranking them by total market capitalization. Mem ...