Synchronoss sees FY25 revenue $170M-$180M, consensus $174.6M

For 2025, sees recurring revenue of at least 90% of total revenue. Adjusted gross margin of between 78%-80%. Adjusted EBITDA of between $52 million and $56 million, which equals at least 30% adjusted EBITDA margin. Free Cash Flow of between $11 and $16 million. This excludes the effect of the federal tax refund that the company expects to receive in 2025.