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

Synchronoss Technologies

06/05/2025 22:56

Synchronoss Technologies Inc SNCR.OQ reported a quarterly adjusted loss of 30 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 44 cents.  The mean expectation of three analysts for the quarter was for earnings of 37 cents per share. Wall Street expected results to range from 21 cents to 55 cents per share.

Revenue fell 1.8% to $42.21 million from a year ago; analysts expected $42.15 million.

Synchronoss Technologies Inc's reported EPS for the quarter was a loss of 37 cents​.

The company reported a quarterly loss of $3.82 million.

Synchronoss Technologies Inc shares had fallen by 7.1% this quarter and gained 5.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 646.7% 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 $20.00

This summary was machine generated from LSEG data May 6 at 09:56 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
Mar. 31 2025
0.37
-0.30
Missed
Dec. 31 2024
0.09
0.94
Beat
Sep. 30 2024
0.42
-0.26
Missed
Jun. 30 2024
0.07
0.48
Beat