Synchronoss Is Improving And The Valuation Is More Fair, But Not An Opportunity
SNCRSynchronoss Technologies(SNCR) Seeking Alpha·2024-08-08 05:13
J Studios/DigitalVision via Getty Images This article analyzes Synchronoss Technologies, Inc. (NASDAQ:SNCR) Q2 2024 results and the earnings call. It also reviews the company's valuation since my last article in February. Synchronoss' results for the year were in line with guidance and expectations, delivering mid-single-digit top-line growth with good operating leverage after divestment in 2023. This operating leverage has led to the company recovering operating profitability, an important point given  ...