The Company expects Cloud subscriber growth to be in the high-single-digit to low-double-digit range throughout 2024. The Company expects adjusted EBITDA to range between $42.0 million and $45.0 million in 2024, consistent with the previously communicated margin range.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/10/2021 | $9.00 → $3.00 | Buy → Neutral | ROTH Capital |
| 6/30/2021 | $5.25 | Buy | B. Riley Securities |
Synchronoss Technologies Inc. ("Synchronoss" or the "Company") (NASDAQ:SNCR), a global leader and innovator in Personal Cloud platforms, is set to join the Russell Microcap® Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective after the US market opens today, July 1.
4 - SYNCHRONOSS TECHNOLOGIES INC (0001131554) (Issuer)
4 - SYNCHRONOSS TECHNOLOGIES INC (0001131554) (Issuer)
4 - SYNCHRONOSS TECHNOLOGIES INC (0001131554) (Issuer)
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4 - SYNCHRONOSS TECHNOLOGIES INC (0001131554) (Issuer)
4 - SYNCHRONOSS TECHNOLOGIES INC (0001131554) (Issuer)
4 - SYNCHRONOSS TECHNOLOGIES INC (0001131554) (Issuer)
BRIDGEWATER, N.J., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. ("Synchronoss" or the "Company") (NASDAQ:SNCR), a global leader and innovator in Personal Cloud platforms, today announced that Jeff Miller, President and CEO, and Louis Ferraro, CFO, will participate at two upcoming investor conferences. Sidoti November Virtual Investor Conference on November 13, 2024. The presentation will begin at 10:00 AM ET and the webcast link will be available on the Synchronoss Investor Relations website here, or directly here.Northland Growth Conference on December 12, 2024. To register for one-on-one meetings with management, please contact a Northland sales representative. About
Third Quarter Revenue Grew 8% Year-Over-Year to $43.0 Million, Including 92.2% Recurring Revenue GAAP Gross Margin Expands to 69.6%; Adjusted Gross Margin Rises to 79.6% Introduced the Latest Version of Synchronoss Personal Cloud™ Platform BRIDGEWATER, N.J., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. ("Synchronoss" or the "Company") (NASDAQ:SNCR), a global leader and innovator in Personal Cloud platforms, today reported financial results for its third quarter ended September 30, 2024. Third Quarter and Recent Operational Highlights Reported total revenue of $43.0 million, driven primarily by 5.1% subscriber growth year-over-year.Quarterly results include
BRIDGEWATER, N.J., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. ("Synchronoss" or the "Company") (NASDAQ:SNCR), a global leader and innovator in personal cloud platforms, today announced a three-year contract renewal with a leading French operator. This service provider operates a high-speed, fixed, and mobile network across France and serves more than 27 million individuals, businesses, communities, and operators. Through the extended partnership, the company will continue to deliver a range of value-added cloud offerings powered by Synchronoss Personal Cloud. Synchronoss Personal Cloud is a white-label platform that allows service providers to deliver a branded perso
Third Quarter Revenue Grew 8% Year-Over-Year to $43.0 Million, Including 92.2% Recurring Revenue GAAP Gross Margin Expands to 69.6%; Adjusted Gross Margin Rises to 79.6% Introduced the Latest Version of Synchronoss Personal Cloud™ Platform BRIDGEWATER, N.J., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. ("Synchronoss" or the "Company") (NASDAQ:SNCR), a global leader and innovator in Personal Cloud platforms, today reported financial results for its third quarter ended September 30, 2024. Third Quarter and Recent Operational Highlights Reported total revenue of $43.0 million, driven primarily by 5.1% subscriber growth year-over-year.Quarterly results include
BRIDGEWATER, N.J., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. ("Synchronoss" or the "Company") (NASDAQ:SNCR), a global leader and innovator in Personal Cloud platforms, will hold a conference call on Tuesday, November 12, 2024 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 2024. Financial results will be issued in a press release prior to the call. Synchronoss management will host the presentation, followed by a question-and-answer period. Date: Tuesday, November 12, 2024Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)Dial-In Number: 877-451-6152 (domestic) or 201-389-0879 (internatio
Q2 Revenue Grew 6% Year-Over-Year to $43.5 Million, Including 90.5% Recurring Revenue GAAP Gross Margin Expands to 67.5%; Adjusted Gross Margin Rises to 77.5% Year-Over-Year, Net Income Increased by $11.1 Million, EPS Improved to $0.01 from $(1.13) and Adjusted EBITDA Improved 115% to $13.0 Million Retired the Company's Preferred Stock, Reducing Total Net Debt and Cost of Capital, Using a New $75 Million Term Loan Facility BRIDGEWATER, N.J., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. ("Synchronoss" or the "Company") (NASDAQ:SNCR), a global leader and innovator in Personal Cloud platforms, today reported financial results for its second quarter ended June 30, 2024.
ROTH Capital downgraded Synchronoss Tech from Buy to Neutral and set a new price target of $3.00 from $9.00 previously
B. Riley Securities initiated coverage of Synchronoss Technologies with a rating of Buy and set a new price target of $5.25
Canaccord Genuity reiterated coverage of Synchronoss Technologies with a rating of Buy and set a new price target of $8.00 from $9.00 previously
BRIDGEWATER, N.J., July 01, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. ("Synchronoss" or the "Company") (NASDAQ:SNCR), a global leader and innovator in Personal Cloud platforms, is set to join the Russell Microcap® Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective after the US market opens today, July 1. The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Tuesday, April 30, ranking them by total market capitalization. Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines member
BRIDGEWATER, N.J., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. ("Synchronoss" or the "Company") (NASDAQ:SNCR), a leading global provider of personal cloud software and services, today announced the appointment of Kevin Rendino as a new director, effective December 4, 2023. Mr. Rendino, Chairman and Chief Executive Officer of 180 Degree Capital Corp., is a respected leader with a distinguished career in financial services, bringing extensive expertise in capital markets, value investing, and corporate governance. Kevin Rendino assumed the role of Chairman and CEO at 180 Degree Capital in the first half of 2017, following his appointment to its board in 2016. With over
BRIDGEWATER, N.J., April 13, 2022 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. ("Synchronoss" or the "Company")(Nasdaq: SNCR), a global leader and innovator in cloud, messaging and digital products and platforms, today announced the addition of Stanley Lowe to the Company's executive management team as Chief Information Security Officer ("CISO"). Lowe will report directly to Patrick Doran, Chief Technology Officer. Lowe brings to Synchronoss more than 20 years of experience in information security and cybersecurity. Most recently, he was Global Chief Information Security Officer at Zscaler, a cloud-based security company. At Zscaler he was responsible for overseeing all informatio