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

Synchronoss Technologies

11/05/2021 06:02

* Synchronoss Technologies Inc  SNCR.OQ  reported a quarterly
adjusted loss of 33 cents​​ per share for the quarter ended
in March. The mean expectation of four analysts for the quarter
was for a loss of 14 cents per share.
* Revenue fell 15.1% to $65.50 million from a year ago​; 
analysts expected $63.45 million.
* Synchronoss Technologies Inc's reported EPS for the quarter
was a loss of 53 cents​.
* The mean earnings estimate of analysts had risen by about 7.4%
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 14.0% this
quarter and lost 34.7% so far this year.
* The company reported a quarterly loss of $22.56 million.
* Wall Street's median 12-month price target for Synchronoss
Technologies Inc is $7.70 
* The current average analyst rating on the shares is "strong
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 May 11 at 05:02 a.m. GMT.
​All figures in $