The latest trading session saw Synchronoss (SNCR) ending at $7.87, denoting a -1.63% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 0.09%. At the same time, the Dow added 0.09%, and the tech-heavy Nasdaq gained 0.3%. The mobile services company's stock has dropped by 10.21% in the past month, falling short of the Computer and Technology sector's gain of 6.18% and the S&P 500's gain of 3.38%. The investment community will be paying close attention to the ...

Synchronoss (SNCR) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this mobile services company have returned -20.9% over the past month versus the Zacks S&P 500 composite's +3.2% change. The Zacks Internet - Software industry, to which Synchronoss belongs, has lost 0.8% over this period. Now the key question is: Where could the stock be headed in the ne ...

In the latest market close, Synchronoss (SNCR) reached $7.85, with a +1.29% movement compared to the previous day. This move outpaced the S&P 500's daily loss of 0.25%. On the other hand, the Dow registered a gain of 0.77%, and the technology-centric Nasdaq decreased by 0.79%. Coming into today, shares of the mobile services company had lost 26.47% in the past month. In that same time, the Computer and Technology sector gained 8.85%, while the S&P 500 gained 3.59%. Investors will be eagerly watching for the ...

Synchronoss (SNCR) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this mobile services company have returned +9.8%, compared to the Zacks S&P 500 composite's +3.3% change. During this period, the Zacks Internet - Software industry, which Synchronoss falls in, has gained 0.3%. The key question now is: What could be the stock's future direction? Although ...

BRIDGEWATER, N.J., June 07, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in Personal Cloud platforms, today announced that the Company issued a restricted stock and stock option award to one newly hired employee. This grant 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 Incentiv ...

BRIDGEWATER, N.J., May 29, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. ("Synchronoss" or the "Company") (NASDAQ:SNCR), a global leader and innovator in personal cloud platforms, is pleased to announce that Junji Nishara has been appointed as the new Country Manager for Japan operations, effective May 15, 2024. Synchronoss, which has operated in Japan for over 20-years, announced on November 1, 2023, that it will focus on its Cloud business following the sale of its Messaging and NetworkX busines ...

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. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Synchronoss (SNCR) . Synchronoss currently has an average broker ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40574 SYNCHRONOSS TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 06-159454 ...

财务数据和关键指标变化 - 总收入增长至43百万美元,其中经常性收入占91.1%,体现了公司向云服务转型的成果 [5][25] - 毛利率提升至66.9%,主要得益于精简运营成本 [27] - 营业利润大幅改善至4.6百万美元,去年同期为亏损2百万美元 [28] - 净利润为2.3百万美元,每股收益0.23美元,去年同期为亏损13.4百万美元,每股亏损1.39美元 [29] - 调整后EBITDA增长78%至10.9百万美元,占总收入25.4% [29] 各条业务线数据和关键指标变化 - 云订阅用户同比增长约7%,预计2024年将保持高个位数至低双位数的增长 [26] 各个市场数据和关键指标变化 - 无具体披露 公司战略和发展方向及行业竞争 - 公司专注于高毛利的个人云服务,通过精简运营提升财务表现 [4][6] - 三大战略重点:1)保护和增加云订阅用户基础 2)推出创新技术提升服务 3)拓展全球客户群 [9] - 与软银合作拓展日本市场,为公司带来大量订阅用户基础 [10][11][12] - 推出自动扩缩容等技术提升运营效率,并推出分级云服务计划以满足客户需求 [14][15][16][17][18] - 积极参与行业活动,与全球运营商和电信公司保持良好关系,拓展新客户 [19][20] 管理层对经营环境和未来前景的评论 - 公司有信心在2024年实现至少10百万美元的自由现金流,并预计2025年将进一步改善 [8][31][32][35][36][37] - 预计2024年收入增长5%-8%,调整后EBITDA在42-45百万美元区间 [37] 其他重要信息 - 公司已完成2018年财务重述相关的SEC罚款支付,预计2024年现金流将增加4.8百万美元 [31][32] - 公司正积极推进获得2.8亿美元的联邦税收退税,预计将在2024年下半年收到 [33][34] 问答环节重要的提问和回答 问题1 **Aditya Dagaonkar 提问** 询问2024年全年毛利率水平 [40] **Jeff Miller 和 Lou Ferraro 回答** 公司预计2024年调整后毛利率将保持在75%以上,Q1已达到该水平 [41][42][43] 问题2 **Aditya Dagaonkar 提问** 询问用户ARPU的预期变化 [44] **Jeff Miller 回答** 公司预计ARPU将保持稳定,继续推动总收入增长,2024年收入增长5%-8% [45] 问题3 **Matt Schwarz 提问** 询问公司是否考虑通过资本结构优化来降低资金成本 [51] **Lou Ferraro 回答** 公司正在审视资本结构优化,将优先利用2.8亿美元税收退税偿还债务,同时也在评估其他选择 [52][53] 问题4 **Matt Schwarz 提问** 询问2025年自由现金流改善的具体驱动因素 [54][55] **Jeff Miller 和 Lou Ferraro 回答** 主要驱动因素包括:1)收入持续增长 2)不再支付SEC罚款 3)法律费用下降 [56][57][58][59][60]

Exhibit 99.1 Synchronoss Technologies Reports First Quarter 2024 Results 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, NJ - May 7, 2024 - Synchronoss Technologies Inc. (“Synchrono ...