Last $2.51 USD
Change Today -0.06 / -2.33%
Volume 26.5K
SYNC On Other Exchanges
Symbol
Exchange
NASDAQ GM
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As of 8:10 PM 04/16/14 All times are local (Market data is delayed by at least 15 minutes).

synacor inc (SYNC) Snapshot

Open
$2.60
Previous Close
$2.57
Day High
$2.63
Day Low
$2.50
52 Week High
05/1/13 - $4.17
52 Week Low
02/3/14 - $2.13
Market Cap
68.9M
Average Volume 10 Days
75.6K
EPS TTM
$-0.04
Shares Outstanding
27.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SYNACOR INC (SYNC)

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synacor inc (SYNC) Details

Synacor, Inc. provides startpages and homescreens, TV Everywhere solutions, Identity Management services, and various cloud-based services across a range of devices for cable, satellite, telecom, and consumer electronics companies in the United States, and the United Kingdom. The company’s technology allows customers to package a range of personalized, online content, and cloud-based services with their high-speed Internet, communications, television and other offerings. It also offers authentication and aggregation solutions that enable the delivery of personalized online content; and provides search and display advertising services. Further, the company offers subscriber-based services, including email and calendar solutions; security services; TV Everywhere that enables subscribers to watch free television online or utilize its authentication functionality to authorize them to watch television online; and variety package that combines content from various Internet subscription and entertainment products into a single package. Its subscriber-based services also comprise sports plus package, which combines access to various sports-related content providers; portable and non-portable music services, including download-to-own, download-to-rent, and streaming music from its content providers’ libraries; games and GamesSomnia package, such as subscriptions to online gaming services and gaming-related news sources; and Learning Edge package consisting of various educational products. The company was formerly known as CKMP, Inc. and changed its name to Synacor, Inc. in July 2001. Synacor, Inc. was founded in 1998 and is headquartered in Buffalo, New York.

373 Employees
Last Reported Date: 04/1/14
Founded in 1998

synacor inc (SYNC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $350.0K
Co-Founder and Executive Vice President of Sa...
Total Annual Compensation: $300.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $310.0K
Chief Operating Officer
Total Annual Compensation: $350.0K
Compensation as of Fiscal Year 2013.

synacor inc (SYNC) Key Developments

Synacor, Inc. Announces the Resignation of Ron Frankel as President and Chief Executive Officer

Synacor, Inc. announced that it will begin the process to identify a successor to the company's President and Chief Executive Officer, Ron Frankel. Mr. Frankel, who has led the company since 2001, will remain in his current role until his successor is named. Thereafter, he will remain on the company's Board of Directors and continue as an advisor.

Synacor, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2013; Provides Earnings Guidance for the First Quarter and Full Year of Fiscal Year 2014

Synacor, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported income from operations of USD 793,000, income before income taxes and equity interest of USD 732,000 and net income of USD 173,000 or USD 0.01 per basic and diluted share on revenue of USD 29,406,000 against income from operations of USD 1,962,000, income before income taxes and equity interest of USD 1,894,000 and net income of USD 790,000 or USD 0.03 per basic and diluted share on revenue of USD 32,178,000 for the same period a year ago. Adjusted EBITDA was USD 2,754,000 against USD 3,541,000 for the same period a year ago. For the fourth quarter of 2013, the company generated USD 4.5 million in cash from operating activities, compared to USD 4.8 million in the fourth quarter of 2012. For the year, the company reported loss from operations of USD 710,000, loss before income taxes and equity interest of USD 940,000 and net loss of USD 1,367,000 or USD 0.05 diluted per share on revenue of USD 111,807,000 against income from operations of USD 5,848,000, income before income taxes and equity interest of USD 5,579,000 and net income of USD 3,815,000 or USD 0.14 diluted per share on revenue of USD 121,981,000 for the same period a year ago. Net cash provided by operating activities was USD 5,228,000 against USD 14,657,000 for the same period a year ago. Purchases of property and equipment were USD 5,920,000 against USD 4,269,000 for the same period a year ago. Adjusted EBITDA was USD 6,501,000 against USD 11,626,000 for the same period a year ago. The company provided earnings guidance for the first quarter and full year of fiscal 2014. Revenue for the first quarter of 2014 is projected to be in the range of USD 24.0 million to USD 25.0 million. For the first quarter of 2014, the company expects to report adjusted LBITDA of USD 1.2 million to USD 0.7 million. Revenue for the full year of 2014 is projected to be in the range of USD 100.0 million to USD 105.0 million. For the full year of 2014, the company expects to report adjusted EBITDA of USD 2.0 million to USD 5.0 million.

Synacor Mulls Acquisitions

Synacor, Inc. (NasdaqGM:SYNC) intends to make acquisitions. Bill Stuart, Chief Financial Officer of the company said: “We have been actively looking at acquisitions. We did the Teknision acquisition in the fourth quarter. We continue to look regularly at acquisitions and expect you'll probably see some activity on our part over the course of this year as a buyer, if we can find other similar types of opportunities, like Teknision, or even others that might bring some revenue and EBITDA.”

 

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SYNC

Industry Average

Valuation SYNC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.6x
Price/Book 1.3x
Price/Cash Flow 21.5x
TEV/Sales 0.3x
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