Synchronoss Technologies - SNCR Stock Forecast, Price & News

Synchronoss Technologies' stock was trading at $2.44 at the start of the year. Since then, SNCR stock has decreased by 30.7% and is now trading at $1.69.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our SNCR earnings forecast.

Synchronoss Technologies, Inc. (NASDAQ:SNCR) announced its earnings results on Monday, November, 8th. The software maker reported $0.09 earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.16. The software maker had revenue of $69.75 million for the quarter, compared to the consensus estimate of $68.26 million. Synchronoss Technologies had a negative net margin of 1.32% and a positive trailing twelve-month return on equity of 29.02%. During the same quarter in the prior year, the firm earned ($0.06) EPS.

Synchronoss Technologies issued an update on its FY 2022 earnings guidance on Tuesday, August, 16th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $260.00 million-$270.00 million, compared to the consensus revenue estimate of $266.39 million.

7 employees have rated Synchronoss Technologies Chief Executive Officer Jeff Miller on Glassdoor.com. Jeff Miller has an approval rating of 76% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Synchronoss Technologies investors own include Advanced Micro Devices (AMD), BlackRock (BLK), NVIDIA (NVDA), Frontier Communications (FTR), Activision Blizzard (ATVI), Alibaba Group (BABA), CA (CA), Cisco Systems (CSCO), General Electric (GE) and QUALCOMM (QCOM).

Synchronoss Technologies trades on the NASDAQ under the ticker symbol "SNCR."

Synchronoss Technologies' stock is owned by many different institutional and retail investors. Top institutional shareholders include B. Riley Financial Inc. (13.68%), Kennedy Capital Management Inc. (1.07%), Group One Trading L.P. (0.00%), Millennium Management LLC (0.47%), Renaissance Technologies LLC (0.47%) and Sei Investments Co. (0.05%). Insiders that own company stock include B Riley Financial, Inc, Christina Gabrys, Christopher K Hill, David D Clark, Glenn Lurie, Jeffrey George Miller, Kristin S Rinne, Lou Ferraro, Martin Francis Bernstein, Mary P Clark, Patrick Joseph Doran, Ronald Prague and Stephen G Waldis.
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Shares of SNCR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SNCR stock can currently be purchased for approximately $1.69.

Synchronoss Technologies (NASDAQ:SNCR) has a market capitalization of $149.23 million and generates $280.61 million in revenue each year. The software maker earns $-22,940,000.00 in net income (profit) each year or ($0.14) on an earnings per share basis.

The company employs 1,536 workers across the globe.

Synchronoss Technologies was founded in 2000.

Synchronoss Technologies' mailing address is 200 CROSSING BOULEVARD 8TH FLOOR, BRIDGEWATER NJ, 08807. The official website for the company is www.synchronoss.com. The software maker can be reached via phone at (866) 620-3940 or via email at investor@synchronoss.com.