Recap: Synchronoss Technologies Q4 Earnings

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Synchronoss Technologies SNCR reported its Q4 earnings results on Tuesday, March 12, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Synchronoss Technologies missed estimated earnings by -750.0%, reporting an EPS of $-0.85 versus an estimate of $-0.1.

Revenue was down $20.23 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.45 which was followed by a 16.0% drop in the share price the next day.

Here's a look at Synchronoss Technologies's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0 -0.27 -0.18 0.54
EPS Actual 0.45 -0.27 -0.72 -0.72
Revenue Estimate 61.50M 59.74M 58.86M 65.23M
Revenue Actual 55.65M 59.71M 57.71M 61.63M

To track all earnings releases for Synchronoss Technologies visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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