Synchronoss

Synchronoss Technologies, Inc. engages in the provision of cloud and enterprise solutions. The firm offers software-based activation for connected devices globally. Its platform includes cloud home, personal cloud content transfer and out-of-box experience, advance messaging and email suite, journey creation and advisor, digital coach, digital portal, activation, Internet of Things (IoT), and smart buildings. The company was founded by James M. McCormick and Stephen G. Waldis in 2000 and is headquartered in Bridgewater, NJ.

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Synchronoss Technologies excels in Q1 2024, eyes sustained growth

Synchronoss Technologies reported robust financial performance in Q1 2024, driven by recurring revenue, improved profitability, and technological advancements.
While facing challenges in achieving free cash flow targets and sustaining subscriber growth, the company's strategic priorities and key partnerships offer growth opportunities.
Overall, Synchronoss is well-positioned to capitalize on its strengths, navigate challenges, and leverage opportunities for continued growth and market expansion.

Synchronoss (SNCR) posts robust Q2 results, eyes growth opportunities

Synchronoss (SNCR) delivered a strong Q2 performance with revenue and EBITDA growth, bolstered by strategic initiatives and cost-saving measures.
While challenges persist with legal uncertainties, the company's focus on stability, efficiency, and growth presents promising opportunities for investors.
Overall, Synchronoss is well-positioned to capitalize on its strengths, navigate challenges, and leverage opportunities for sustained financial success.

Synchronoss reports revenue growth and strategic wins in Q3

Synchronoss delivered solid Q3 results with revenue and adjusted EBITDA growth, supported by a stable contract extension with SFR.
Focus on product innovation, cost efficiencies, and revenue guidance revision underpin the company's positive outlook.
While facing challenges like declining free cash flow, Synchronoss maintains financial stability and growth opportunities through strategic initiatives.
Balancing operational costs, revenue growth, and debt reduction will be key for Synchronoss to sustain its performance and competitiveness.

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BRIDGEWATER, N.J., June 25, 2021 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (SNCR) (the “Company” or “Synchronoss”), a global leader and innovator in cloud, messaging and digital products and platforms, today announced the pricing of an underwritten public offering of $125 million aggregate principal amount of 8.375% senior notes due 2026, including the exercise in full by the underwriters of the underwriters' option to purchase an additional $5 million aggregate principal amount of senior notes. The offering is expected to close on or about June 30, 2021, subject to satisfaction of customary closing conditions.

Synchronoss Technologies, Inc. Announces Pricing of $125 Million Public Offering of Senior Notes

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Synchronoss Technologies Inc (NASDAQ: SNCR) priced 38.5 million shares at $2.6 per share to raise $100 million in a secondary share sale. The offer price signifies a 10.7% discount to Synchronoss' Thursday closing share price of $2.91.

Synchronoss Technologies Stock Jumps On Raising $100M Via Equity Offering At 11% Discount

BRIDGEWATER, N.J., June 25, 2021 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (SNCR) (the “Company” or “Synchronoss”), a global leader and innovator in cloud, messaging and digital products and platforms, today announced the pricing of an underwritten public offering of 38,461,538 shares of its common stock at a public offering price of $2.60 per share. The gross proceeds from the offering, before deducting underwriting discounts and commissions and offering expenses payable by Synchronoss, are expected to be $100 million. In addition, Synchronoss has granted the underwriters a 30-day option to purchase up to 3,846,154 additional shares of common stock at the public offering price, less the underwriting discounts and commissions.

Synchronoss Technologies, Inc. Announces Pricing of $100 Million Public Offering of Common Stock

BRIDGEWATER, N.J., June 24, 2021 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (SNCR) (the “Company” or “Synchronoss”), a global leader and innovator in cloud, messaging and digital products and platforms, today announced that the Company intends to offer and sell, subject to market and other conditions, $120 million aggregate principal amount of senior notes due 2026 in an underwritten public offering. Synchronoss also expects to grant the underwriters a 30-day option to purchase an additional $5 million aggregate principal amount of senior notes in connection with the offering. There can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

Synchronoss Technologies, Inc. Announces Proposed $120 Million Public Offering of Senior Notes

BRIDGEWATER, N.J., June 24, 2021 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (SNCR) (the “Company” or “Synchronoss”), a global leader and innovator in cloud, messaging and digital products and platforms, today announced that the Company intends to offer and sell, subject to market and other conditions, $100 million of shares of its common stock in an underwritten public offering. Synchronoss also expects to grant the underwriters a 30-day option to purchase up to an additional $10 million of shares of common stock sold in the offering, at the public offering price, less the underwriting discounts and commissions. There can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

Synchronoss Technologies, Inc. Announces Proposed $100 Million Public Offering of Common Stock

Company Reaffirms Fiscal Year 2021 Guidance Company Reaffirms Fiscal Year 2021 Guidance

Synchronoss Announces CFO Transition Plan

There is progress, albeit fairly glacial, in new customer wins, expansion at existing customers and margin expansion, limiting the downside from here.

Synchronoss: Slow Progress Could Suddenly Accelerate

BRIDGEWATER, N.J., May 13, 2021 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. (NASDAQ: SNCR), a global leader and innovator in cloud, messaging, and digital platforms and products, today announced that it will be presenting at the 16th Annual Needham Virtual Technology & Media Conference, Wednesday, May 19, 2021 at 3:45 p.m. ET. A live webcast and replay of the presentation will be available via the Synchronoss Investor Relations site. The Company will also host 1x1 and small group virtual meetings with investors throughout the day.

Synchronoss to Participate at the 16th Annual Needham Virtual Technology & Media Conference on May 19th

Synchronoss Technologies, Inc. (SNCR) CEO Jeffrey Miller on Q1 2021 Results - Earnings Call Transcript

Synchronoss (SNCR) delivered earnings and revenue surprises of -32.00% and 1.70%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Synchronoss (SNCR) Reports Q1 Loss, Tops Revenue Estimates

Shares of Synchronoss Technologies (NASDAQ:SNCR) decreased in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share decreased 650.00% over the past year to ($0.33), which missed the estimate of ($0.14).

Synchronoss Technologies: Q1 Earnings Insights

BRIDGEWATER, N.J., May 10, 2021 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. (NASDAQ: SNCR), a global leader and innovator in cloud, messaging, and digital platforms and products, today announced financial results for its first quarter ended March 31, 2021.

Synchronoss Reports First Quarter Adjusted EBITDA of $5.5 Million, a 215% Increase Year Over Year; Increases Adjusted EBITDA Guidance for Full Year 2021

BRIDGEWATER, N.J., May 03, 2021 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. (NASDAQ: SNCR), a global leader and innovator in cloud, messaging and digital products and platforms, today announced that it will release its First Quarter 2021 financial results on Monday, May 10, 2021, after the close of the market.

Synchronoss To Report First Quarter 2021 Financial Results on May 10, 2021

The partnership will bring personal cloud to a market of more than 25 universities and eight million students in the coming three years The partnership will bring personal cloud to a market of more than 25 universities and eight million students in the coming three years

Synchronoss Personal Cloud Selected by Telkomsigma for Integration in Indonesian Universities

Synchronoss Technologies (SNCR) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.

Synchronoss (SNCR) Enters Oversold Territory

Synchronoss Technologies (SNCR) has been struggling lately, but the selling pressure may be coming to an end soon.

Synchronoss Tech (SNCR) Sees Hammer Chart Pattern: Time to Buy?

Ability to safeguard both devices and content grows customer loyalty and fortifies customer relationships

Synchronoss Personal Cloud Solution Selected for Integration into Allstate Protection Plans Consumer Device Protection Offering

BRIDGEWATER, N.J., March 10, 2021 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. (NASDAQ: SNCR), a global leader and innovator in cloud, messaging, and digital platforms and products, today announced it will participate in the 33rd Annual ROTH Conference, which will be held virtually March 15th – 17th.

Synchronoss to Participate in 33rd Annual ROTH Conference

Synchronoss' (SNCR) fourth-quarter 2020 results reflect efficient cost management and expanding margins.

Synchronoss' (SNCR) Q4 Earnings & Revenues Beat Estimates

Synchronoss Technologies, Inc. (SNCR) CEO Jeff Miller on Q4 2020 Results - Earnings Call Transcript

Synchronoss (SNCR) delivered earnings and revenue surprises of 26.92% and 3.02%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Synchronoss (SNCR) Reports Q4 Loss, Tops Revenue Estimates

Shares of Synchronoss Technologies (NASDAQ:SNCR) were flat after the company reported Q4 results. Quarterly Results Earnings per share rose 47.22% year over year to ($0.19), which beat the estimate of ($0.20).

Synchronoss Technologies: Q4 Earnings Insights

Jeff Miller Named President and Chief Executive Officer Jeff Miller Named President and Chief Executive Officer

Synchronoss Technologies Reports Fourth Quarter and Full Year 2020 Adjusted EBITDA of $6.4mm and $27.8mm, Above the High-End of its Guidance Range; Expects to Increase Adjusted EBITDA in 2021

Cloud, messaging, and digital solutions innovator Synchronoss Technologies Inc (NASDAQ: SNCR) announced the board confirmation regarding Jeff Miller as its CEO and President. Miller had been serving as interim President and CEO since September 2020 and joined Synchronoss in 2018 as Chief Commercial Officer.

News for Synchronoss Stock (SNCR)