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

Synchronoss Technologies

08/03/2022 22:54

* Synchronoss Technologies Inc  SNCR.OQ  reported quarterly
adjusted earnings of 6 cents​​ per share for the quarter ended
in December. The mean expectation of four analysts for the
quarter was for earnings of one cent per share.
    * Revenue rose 6.4% to $73.83 million from a year ago; 
analysts
expected $72.31 million. 
    * Synchronoss Technologies Inc's reported EPS for the
quarter was
a loss of 2 cents​.
    * 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. 
    * Synchronoss Technologies Inc shares had fallen by 41.8%
this
quarter.
    * The company reported a quarterly loss of $2.11 million.
    * Wall Street's median 12-month price target for Synchronoss
Technologies Inc is $5.88 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 8 at 10:54 p.m.  ​All
figures in US dollars unless otherwise stated