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

Synchronoss Technologies

08/11/2021 23:29

* Synchronoss Technologies Inc  SNCR.OQ  reported quarterly
adjusted earnings of 9 cents​​ per share for the quarter ended
in September. The mean expectation of four analysts for the
quarter was for a loss of 3 cents per share.
* Revenue rose 1.6% to $69.75 million from a year ago;  analysts
expected $68.57 million. 
* Synchronoss Technologies Inc's reported EPS for the quarter
was a loss of 11 cents​.
* The mean earnings estimate of analysts had fallen by
about 25.7% 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 risen by 2.5% this
quarter and lost 47.7% so far this year.
* The company reported a quarterly loss of $9.83 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 November 8 at 11:29 p.m.
 ​All figures in US dollars unless otherwise stated