Last $43.24 USD
Change Today +0.21 / 0.49%
Volume 159.6K
SNCR On Other Exchanges
Symbol
Exchange
NASDAQ GS
Berlin
As of 5:10 PM 12/24/14 All times are local (Market data is delayed by at least 15 minutes).

synchronoss technologies inc (SNCR) Snapshot

Open
$43.23
Previous Close
$43.03
Day High
$43.52
Day Low
$42.15
52 Week High
11/11/14 - $54.05
52 Week Low
02/5/14 - $25.28
Market Cap
1.8B
Average Volume 10 Days
472.2K
EPS TTM
$0.87
Shares Outstanding
42.5M
EX-Date
--
P/E TM
49.8x
Dividend
--
Dividend Yield
--
Current Stock Chart for SYNCHRONOSS TECHNOLOGIES INC (SNCR)

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synchronoss technologies inc (SNCR) Details

Synchronoss Technologies, Inc. provides cloud solutions and software-based activation for connected devices worldwide. The company’s services include intelligent connectivity management and content synchronization, backup, and sharing services, as well as device and service procurement, provisioning, activation, and support services that enable communications service providers, cable operators/multi-services operators, original equipment manufacturers with embedded connectivity, multi-channel retailers, and other customers to accelerate and monetize their go-to-market strategies for connected devices. Its Activation Services, Synchronoss Personal Cloud, Synchronoss WorkSpace, and Synchronoss Integrated Life platforms provide end-to-end seamless integration between customer-facing channels/applications, communication services or devices, and back-office infrastructure-related systems and processes. The company markets and sells its services through direct sales force and strategic partners. Synchronoss Technologies, Inc. was founded in 2000 and is headquartered in Bridgewater, New Jersey.

1,401 Employees
Last Reported Date: 02/26/14
Founded in 2000

synchronoss technologies inc (SNCR) Top Compensated Officers

Founder, Executive Chairman, Chief Executive ...
Total Annual Compensation: $597.9K
President and Chief Operating Officer
Total Annual Compensation: $440.9K
Executive Vice President and President of Nor...
Total Annual Compensation: $350.0K
President of Emerging Markets and Executive V...
Total Annual Compensation: $262.2K
Senior Vice President of Product Sales & Busi...
Total Annual Compensation: $468.6K
Compensation as of Fiscal Year 2013.

synchronoss technologies inc (SNCR) Key Developments

Synchronoss Technologies, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Earnings Guidance for the Fourth Quarter of 2014; Revises Earnings Guidance for the Year 2014

Synchronoss Technologies, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company has posted net revenue of $125,175,000 against $89,716,000 a year ago. Income from operations was $15,618,000 against $8,754,000 a year ago. Income before income tax expense was $14,815,000 against $8,299,000 a year ago. Net income attributable to company was $9,327,000 or $0.22 diluted per share against $3,590,000 or $0.09 diluted per share a year ago. Non-GAAP revenue was $125,490,000 against $90,274,000 a year ago. Non-GAAP income from operations was $31,761,000 against $20,956,000 a year ago. Non-GAAP net income was $19,994,000 or $0.46 diluted per share against $13,457,000 or $0.34 diluted per share a year ago. The company generated $25.3 million in adjusted cash flow from operations for the quarter. Capital expenditures reported on the cash flow statement were $9.1 million or 7% of non-GAAP revenue in the third quarter. For the nine months, the company has posted net revenue of $327,103,000 against $251,840,000 a year ago. Income from operations was $41,807,000 against $14,622,000 a year ago. Income before income tax expense was $41,468,000 against $14,014,000 a year ago. Net income attributable to company was $25,275,000 or $0.61 diluted per share against $7,478,000 or $0.19 diluted per share a year ago. Non-GAAP revenue was $327,751,000 against $254,944,000 a year ago. Non-GAAP income from operations was $81,896,000 against $56,384,000 a year ago. Non-GAAP net income was $52,630,000 or $1.27 diluted per share against $36,728,000 or $0.93 diluted per share a year ago. Net cash provided by operating activities was $45,002,000 against $33,410,000 a year ago. Purchases of fixed assets were $24,796,000 against $55,216,000 a year ago. For the fourth quarter of 2014, the company targets non-GAAP revenues in the range of $126 million to $129 million, which represents year-over-year growth of approximately 29% to 32%. The company targets non-GAAP gross margin of 61% to 62%; non-GAAP operating margins of between 24% and 25%; and non-GAAP EPS of approximately $0.42 to $0.44, assuming a tax rate of 35.5% and a diluted share count of approximately 46.8 million shares. For the full year 2014, based on the company’s third quarter results and outlook for the fourth quarter, the company increased revenue guidance and now targeting total non-GAAP revenues in the range of $454 million to $457 million versus the company’s previous guidance of $440 million to $446 million. This represents growth of 29% to 30% on a year-over-year basis. From a profitability perspective, the company continuing to target non-GAAP gross margins in the 61% to 62% range with quarter-to-quarter variability; and non-GAAP operating margins in the range of 24% to 25% resulting in non-GAAP EPS of $1.65 to $1.67, assuming a tax rate of approximately 35.5% and a diluted share count of approximately 43.8 million shares. As a result, the company now anticipates capex investments for the full year will be closer to 20% of total revenue, but do anticipate returning to capex levels in the mid-teen range in 2015.

Synchronoss Technologies, Inc. Presents at Wells Fargo Technology, Media and Telecom Conference 2014, Nov-12-2014 11:20 AM

Synchronoss Technologies, Inc. Presents at Wells Fargo Technology, Media and Telecom Conference 2014, Nov-12-2014 11:20 AM. Venue: The Waldorf Astoria, 301 Park Avenue, New York, NY 10022, United States. Speakers: David E. Berry, Chief Innovation Officer and Executive Vice President, Karen L. Rosenberger, Chief Financial Officer, Executive Vice President and Treasurer.

Synchronoss Technologies, Inc. to Report Q3, 2014 Results on Oct 28, 2014

Synchronoss Technologies, Inc. announced that they will report Q3, 2014 results at 8:30 AM, US Eastern Standard Time on Oct 28, 2014

 

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Industry Analysis

SNCR

Industry Average

Valuation SNCR Industry Range
Price/Earnings 43.0x
Price/Sales 4.1x
Price/Book 3.4x
Price/Cash Flow 18.8x
TEV/Sales 3.0x
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