Recap: Synchronoss Technologies Q1 Earnings

Synchronoss Technologies SNCR reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:05 PM.

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

Synchronoss Technologies reported in-line EPS of $0.02 versus an estimate of $0.02.

Revenue was up $367.00 thousand from the same period last year.

Last quarter the company beat on EPS by $0.05 which was followed by a 11.03% drop in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.01	-0.03	-0.20	-0.14
EPS Actual	0.06	0.09	-0.27	-0.33
Revenue Estimate	72.31M	68.57M	66.67M	63.45M
Revenue Actual	73.83M	69.75M	71.53M	65.50M

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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