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

Synchronoss Technologies

09/08/2021 22:15

* Synchronoss Technologies Inc  SNCR.OQ  reported a quarterly
adjusted loss of 27 cents​​ per share for the quarter ended in
June. The mean expectation of four analysts for the quarter was
for a loss of 22 cents per share.
* Revenue fell 6.5% to $71.53 million from a year ago;  analysts
expected $66.74 million. 
* Synchronoss Technologies Inc's reported EPS for the quarter
was a loss of 54 cents​.
* The mean earnings estimate of analysts had fallen by
about 123.3% 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 17.8% this
quarter and lost 37.2% so far this year.
* The company reported a quarterly loss of $23.95 million.
* Wall Street's median 12-month price target for Synchronoss
Technologies Inc is $6.50 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 9 at 09:14 p.m.  ​All
figures in US dollars unless otherwise stated