Synchronoss Technologies Reports Third Quarter 2024 Results
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: GlobeNewswire
Third Quarter Revenue Grew 8% Year-Over-Year to $43.0 Million, Including 92.2% Recurring Revenue GAAP Gross Margin Expands to 69.6%; Adjusted Gross Margin Rises to 79.6% Introduced the Latest Version of Synchronoss Personal Cloud™ Platform BRIDGEWATER, N.J., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in Personal Cloud platforms, today reported financial results for its third quarter ended September 30, 2024. Third Quarter and Recent Operational Highlights Reported total revenue of $43.0 million, driven primarily by 5.1% subscriber growth year-over-year.Quarterly results included net loss of $(5.7) million, $5.5 million in income from operations, $(27) thousand in free cash flow, and $12.7 million in adjusted EBITDA.Signed a 3-year extension with SFR to continue offering our Personal Cloud storage platform to their 27 million subscriber base.Introduced the latest version
Show less
Read more
Impact Snapshot
Event Time:
SNCR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SNCR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SNCR alerts
High impacting Synchronoss Technologies, Inc. news events
Weekly update
A roundup of the hottest topics
SNCR
News
- Western Pennsylvania teacher charged after investigators find 1,500 child porn files [CBS News]CBS News
- Synchronoss Rallies 44% Year to Date: Buy, Hold or Sell the Stock? [Yahoo! Finance]Yahoo! Finance
- Synchronoss Technologies, Inc. (SNCR) Is a Trending Stock: Facts to Know Before Betting on It [Yahoo! Finance]Yahoo! Finance
- Synchronoss Technologies Third Quarter 2024 Earnings: EPS Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Synchronoss Stock Falls as Q3 Earnings & Revenues Miss Estimates [Yahoo! Finance]Yahoo! Finance
SNCR
Earnings
- 11/12/24 - Miss
SNCR
Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 8-K
- SNCR's page on the SEC website