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.

Earnings

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.

Past Earnings Performance

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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Posted In: EarningsBZI-Recaps
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