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Stock impact report

SNCR Jumps 28% in a Month: Should You Buy, Sell or Hold the Stock? [Yahoo! Finance]

Synchronoss Technologies, Inc. (SNCR) 
Last synchronoss technologies, inc. earnings: 3/9 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: synchronoss.com/company/investor-relations
Company Research Source: Yahoo! Finance
SNCR stock's price movement has been driven by strong cloud subscriber growth, which drove a 6.8% year-over-year revenue increase in the fourth quarter of 2024. Contract extensions and product launches have strengthened investor confidence, highlighting the company's financial stability and strategic momentum. Synchronoss has extended key contracts with AT&T T and SFR, strengthening its position in the cloud services market. The three-year AT&T extension, running through 2027, ensures continued use of the Synchronoss personal cloud platform, enabling secure content backup and sharing. The SFR extension expands SNCR's presence in Europe, highlighting growing demand for its cloud solutions. Synchronoss secured long-term partnerships with Verizon VZ through 2030 and SoftBank through 2028, reinforcing its position in the cloud services market. These agreements ensure steady revenues, broaden its global footprint and support ongoing innovation, creating a strong foundation for sustain Show less Read more
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