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SNCR

Synchronoss Technologies Inc

$1.65

Earnings Summary

Revenue
$65.87Mn
Net Profits
$-5.59Mn
Net Profit Margins
-8.49%
PE Ratio
10.31

Highlights

Revenue:

Synchronoss Technologies Inc’s revenue jumped 0.56% since last year same period to $65.87Mn in the Q1 2022. On a quarterly growth basis, Synchronoss Technologies Inc has generated -10.79% fall in its revenue since last 3-months.

Net Profits:

Synchronoss Technologies Inc’s net profit jumped 53.53% since last year same period to $-5.59Mn in the Q1 2022. On a quarterly growth basis, Synchronoss Technologies Inc has generated -164.43% fall in its net profits since last 3-months.

Net Profit Margins:

Synchronoss Technologies Inc’s net profit margin jumped 53.79% since last year same period to -8.49% in the Q1 2022. On a quarterly growth basis, Synchronoss Technologies Inc has generated -196.4% fall in its net profit margins since last 3-months.

PE Ratio:

Synchronoss Technologies Inc’s price-to-earnings ratio after this Q1 2022 earnings stands at 10.31.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Synchronoss Technologies Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.03
EPS Estimate Current Year
0.03

Highlights

EPS Estimate Current Quarter:

Synchronoss Technologies Inc’s earning per share (EPS) estimates for the current quarter stand at 0.03 - a 0% jump from last quarter’s estimates.

EPS Estimate Current Year:

Synchronoss Technologies Inc’s earning per share (EPS) estimates for the current year stand at 0.03.

Key Ratios

Key ratios of the Synchronoss Technologies Inc post its Q1 2022 earnings

Earning Per Share (EPS)
0.02
Return on Assets (ROA)
0.01
Return on Equity (ROE)
-0.02
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Synchronoss Technologies Inc’s earning per share (EPS) jumped 106.06% since last year same period to 0.02 in the Q1 2022. This indicates that the Synchronoss Technologies Inc has generated 106.06% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Synchronoss Technologies Inc’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Synchronoss Technologies Inc’s return on equity (ROE) stands at -0.02.

Dividend Per Share (DPS):

Synchronoss Technologies Inc declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-10
0.03
0.02
-33.33%

Company Information

Synchronoss transforms the way companies create new revenue, reduce costs and delight their subscribers with cloud, messaging, digital and IoT products, supporting hundreds of millions of subscribers across the globe. Synchronoss’ secure, scalable and groundbreaking new technologies, trusted partnerships, and talented people change the way TMT customers grow their businesses.

Organisation
Synchronoss Technologies Inc
Headquarters
Bridgewater, New Jersey, US
Employees
1.6K
Industry
Technology Services
CEO
Glenn Lurie