Recap: Synchronoss Technologies Q4 Earnings

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.

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.

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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