Synchronoss Technologies Inc reports results for the quarter ended December 31 - Earnings Summary

Synchronoss Technologies

11/03/2025 21:00

Synchronoss Technologies Inc SNCR.OQ reported quarterly adjusted earnings of 94 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -85 cents.  The mean expectation of three analysts for the quarter was for earnings of 9 cents per share. Wall Street expected results to range from 4 cents to 13 cents per share.

Revenue rose 6.8% to $44.21 million from a year ago; analysts expected $43.76 million.

Synchronoss Technologies Inc's reported EPS for the quarter was 71 cents​.

The company reported quarterly net income of $7.89 million.

Synchronoss Technologies Inc shares had fallen by 19.3% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The average consensus recommendation for the it services & consulting peer group is also "buy"

Wall Street's median 12-month price target for Synchronoss Technologies Inc is $26.50

This summary was machine generated from LSEG data March 11 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Dec. 31 2024
0.09
0.94
Beat
Sep. 30 2024
0.32
-0.26
Missed
Jun. 30 2024
0.07
0.48
Beat
Mar. 31 2024
-0.50
0.44
Beat