Synchronoss (SNCR) Reports Q1 Loss, Tops Revenue Estimates
Synchronoss (SNCR) came out with a quarterly loss of $0.30 per share versus the Zacks Consensus Estimate of $0.29. This compares to earnings of $0.44 per share a year ago.
Synchronoss delivers steady Q1 as recurring revenue climbs, debt restructured
Synchronoss Technologies Inc (NASDAQ:SNCR) delivered a solid first quarter, driven by cloud subscriber growth, high recurring revenue, improved margins, and strong operational execution The personal cloud software provider reported first-quarter results in line with its expectations on Tuesday and said it had completed a $200 million refinancing that strengthens its balance sheet. During the quarter ended March 31, Synchronoss posted revenue of $42.2 million, slightly down from $43 million a year earlier, as the expiration of a customer contract offset a 3.3% increase in cloud subscribers.
Are Investors Undervaluing Synchronoss Technologies (SNCR) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Fast-paced Momentum Stock Synchronoss (SNCR) Is Still Trading at a Bargain
Synchronoss (SNCR) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Synchronoss (SNCR) Exceeds Market Returns: Some Facts to Consider
In the closing of the recent trading day, Synchronoss (SNCR) stood at $10.48, denoting a +0.38% change from the preceding trading day.
Synchronoss Technologies strengthens financial position with $200 refinancing deal
Synchronoss Technologies Inc (NASDAQ:SNCR) has announced a refinancing agreement with TP Birch Grove, securing a new $200 million, four-year term loan that will replace its existing senior notes and term loan facilities. Synchronoss Technologies CEO Lou Ferraro said the new term loan adds to the financial stability of the company.
Synchronoss Technologies, Inc. (SNCR) is Attracting Investor Attention: Here is What You Should Know
Synchronoss (SNCR) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Synchronoss (SNCR) Ascends But Remains Behind Market: Some Facts to Note
Synchronoss (SNCR) concluded the recent trading session at $10.53, signifying a +1.74% move from its prior day's close.
Should Value Investors Buy Synchronoss Technologies (SNCR) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Is Synchronoss (SNCR) a Buy as Wall Street Analysts Look Optimistic?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Synchronoss Technologies, Inc. (SNCR) is Attracting Investor Attention: Here is What You Should Know
Zacks.com users have recently been watching Synchronoss (SNCR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
SNCR Stocks Climbs 12% in 3 Months: Is Holding the Right Move?
Synchronoss Technologies SNCR shares have returned 12.2% over the past three months, outperforming the Zacks Computer and Technology sector and the Internet - Software industry's declines of 11.6 % and 6.5%, respectively. It has also outperformed its industry peers, including Appian APPN, BlackBerry BB and Five9 FIVN.
