Synchronoss CEO discusses milestone contract and future growth – ICYMI
Synchronoss Technologies Inc (NASDAQ:SNCR), a leading provider of cloud-based software solutions, has solidified its position in the digital content protection market with a three-year contract extension from AT&T, one of its major telecom partners. CEO Jeff Miller recently spoke with Proactive to share details of this milestone, highlighting the company's success as a cloud-only provider in 2024 and its ambitious plans for 2025, including leveraging AI and machine learning to enhance user experiences.
Synchronoss extends cloud platform contract with major US telecom provider
Synchronoss Technologies Inc (NASDAQ:SNCR) announced on Thursday a three-year contract extension with a leading US telecom provider. The partnership leverages Synchronoss Personal Cloud to allow users to securely back up, manage, and share digital content across multiple devices and the cloud.
Here is What to Know Beyond Why Synchronoss Technologies, Inc. (SNCR) is a Trending Stock
Synchronoss (SNCR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Synchronoss Technologies bets on cloud to propel telecoms into the future
Telecom operators worldwide are under pressure to modernize their networks while managing legacy systems. Industry leaders, including Vodafone and BT, have acknowledged the strain of monetizing these investments, highlighting the need for innovative solutions to unlock growth and improve efficiency.
Synchronoss Technologies, Inc. (SNCR) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Synchronoss (SNCR). This makes it worthwhile to examine what the stock has in store.
Brokers Suggest Investing in Synchronoss (SNCR): Read This Before Placing a Bet
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Synchronoss Rallies 44% Year to Date: Buy, Hold or Sell the Stock?
SNCR shares benefit from strong demand for its personal cloud solutions and rich partner base despite intense competition and foreign exchange losses.
Synchronoss Technologies, Inc. (SNCR) Is a Trending Stock: Facts to Know Before Betting on It
Recently, Zacks.com users have been paying close attention to Synchronoss (SNCR). This makes it worthwhile to examine what the stock has in store.
Synchronoss CEO on Q3 growth, SFR partnership and 2025 prospects - ICYMI
Synchronoss Technologies Inc (NASDAQ:SNCR) earlier this week discussed its recent Q3 financial results and growth strategies in an interview with Proactive. The company reported an 8% increase in revenue year-over-year, with adjusted EBITDA growing 37% to $12.7 million, resulting in a 29.5% EBITDA margin.
Synchronoss Technologies Remains A Hold Waiting For The AT&T Renewal
Synchronoss Technologies, Inc.'s Q3 2024 results showed flat revenues and operating profitability, but market concerns over bottom-line changes led to a 10% stock drop. The company trades at a high P/E of 18.2x and EV/NOPAT of 13.5x, which seems unjustified given its leverage and competitive environment. Key risks include renegotiation of the AT&T contract, which could impact margins, and high debt costs affecting net income.
Synchronoss Stock Falls as Q3 Earnings & Revenues Miss Estimates
SNCR's third-quarter 2024 results reflect growth in cloud subscribers.
Synchronoss Technologies, Inc. (SNCR) Q3 2024 Earnings Call Transcript
Synchronoss Technologies, Inc. (NASDAQ:SNCR ) Q3 2024 Earnings Conference Call November 12, 2024 4:30 PM ET Company Participants Ryan Gardella - Investor Relations Jeff Miller - President and Chief Executive Officer Lou Ferraro - Chief Financial Officer Conference Call Participants Jon Hickman - Ladenburg Thalmann Aditya Dagaonkar - Northland Capital Operator Greetings and welcome to the Synchronoss Technologies Third Quarter 2024 Earnings Call. At this time, all participants are in the listen-only mode.
