Recap: Synchronoss Technologies Q2 Earnings

Synchronoss Technologies SNCR reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:05 PM.

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

Synchronoss Technologies beat estimated earnings by 233.33%, reporting an EPS of $0.1 versus an estimate of $0.03.

Revenue was down $6.30 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 9.73% increase in the share price the next day.

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

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.02	0.01	-0.03	-0.20
EPS Actual	0.02	0.06	0.09	-0.27
Revenue Estimate	65.58M	72.31M	68.57M	66.67M
Revenue Actual	65.87M	73.83M	69.75M	71.53M

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.