Synchronoss Technologies(SNCR) - 2024 Q1 - Quarterly Results
SNCRSynchronoss Technologies(SNCR)2024-05-08 04:34

Exhibit 99.1 Synchronoss Technologies Reports First Quarter 2024 Results Q1 Revenue Grew to 43.0Million,Surpassing9143.0 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 0.23from0.23 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 ...