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Synchronoss Technologies (SNCR)
NASDAQ:SNCR
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.45Last Year’s EPS
0.48Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 06, 2025
|% Change Since: -20.83%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a mix of positive trends in subscriber growth, financial improvements, and strategic refinancing, contrasted by revenue challenges, a net loss, and macroeconomic uncertainties. The substantial highlights and strategic achievements slightly outweigh the lowlights.Company Guidance
During the Synchronoss Technologies' First Quarter 2025 earnings call, the company reiterated its annual guidance metrics, highlighting several key financial performance indicators. For the quarter, Synchronoss reported revenue of $42.4 million with a 3.3% growth in subscriber numbers. Adjusted EBITDA rose by 17% year-over-year to $12.7 million, achieving an EBITDA margin of 30.2%. The company maintained over 90% of its revenue as recurring, backed by long-term contracts with major carriers like AT&T, Verizon, and SoftBank. Synchronoss also completed a refinancing transaction with a $200 million, four-year term loan to strengthen its capital structure, reduce senior notes, and support its growth initiatives. Operational expenses were reduced by 11.5% year-over-year, contributing to improved income from operations, which increased by 79.8% to $8.2 million. The company reaffirmed its 2025 guidance, expecting revenue between $170 million and $180 million, adjusted gross margin of 78% to 80%, and adjusted EBITDA in the range of $52 million to $56 million. Despite the challenging macroeconomic environment, Synchronoss remains optimistic about its potential for subscriber growth and cash flow, projecting free cash flow of $11 million to $16 million, excluding the impact of a pending federal tax refund.Strong Subscriber and Revenue Growth
Subscriber growth increased by 3.3% across the global customer base, and over 90% of revenue is recurring, with long-term contracts secured for 2025.
Improved Financial Metrics
Adjusted EBITDA increased by 17% year-over-year to $12.7 million, representing an adjusted EBITDA margin of 30.2%.
Successful Debt Refinancing
Refinanced debt with a $200 million, four-year term loan, retiring $121 million in senior notes and $73 million in prior term loans, extending debt maturity to 2029.
Cost Control Achievements
Operational expenses reduced by 11.5% year-over-year through process streamlining and resource optimization.
Strong Partnerships Driving Growth
Continued subscriber growth at AT&T, SoftBank, and Verizon, with new integrations and offerings enhancing cloud service adoption.
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SNCR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SNCR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| May 06, 2025 | $10.32 | $8.22 | -20.35% |
| Mar 11, 2025 | $7.13 | $9.98 | +39.97% |
| Nov 12, 2024 | $11.07 | $9.80 | -11.47% |
| Aug 06, 2024 | $10.14 | $9.75 | -3.85% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Synchronoss Technologies (SNCR) report earnings?
Synchronoss Technologies (SNCR) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is Synchronoss Technologies (SNCR) earnings time?
Synchronoss Technologies (SNCR) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SNCR EPS forecast?
SNCR EPS forecast for the fiscal quarter 2025 (Q2) is 0.45.
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