Last $44.06 USD
Change Today -0.20 / -0.45%
Volume 729.2K
SNCR On Other Exchanges
Symbol
Exchange
NASDAQ GS
Berlin
As of 5:20 PM 03/2/15 All times are local (Market data is delayed by at least 15 minutes).

synchronoss technologies inc (SNCR) Snapshot

Open
$44.26
Previous Close
$44.26
Day High
$44.34
Day Low
$43.07
52 Week High
11/11/14 - $54.05
52 Week Low
05/7/14 - $27.78
Market Cap
1.9B
Average Volume 10 Days
397.5K
EPS TTM
$1.02
Shares Outstanding
43.0M
EX-Date
--
P/E TM
43.3x
Dividend
--
Dividend Yield
--
Current Stock Chart for SYNCHRONOSS TECHNOLOGIES INC (SNCR)

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synchronoss technologies inc (SNCR) Details

Synchronoss Technologies, Inc. provides cloud solutions and software-based activation for connected devices worldwide. The company’s services include intelligent connectivity management and content synchronization, backup, and sharing services, as well as device and service procurement, provisioning, activation, and support services that enable communications service providers, cable operators/multi-services operators, original equipment manufacturers with embedded connectivity, multi-channel retailers, and other customers to accelerate and monetize their go-to-market strategies for connected devices. Its Activation Services, Synchronoss WorkSpace, and Synchronoss Integrated Life platforms provide end-to-end seamless integration between customer-facing channels/applications, communication services or devices, and back-office infrastructure-related systems and processes. The company markets and sells its services through direct sales force and strategic partners. Synchronoss Technologies, Inc. was founded in 2000 and is headquartered in Bridgewater, New Jersey.

synchronoss technologies inc (SNCR) Top Compensated Officers

Founder, Executive Chairman, Chief Executive ...
Total Annual Compensation: $597.9K
President and Chief Operating Officer
Total Annual Compensation: $440.9K
Executive Vice President of North America and...
Total Annual Compensation: $350.0K
Executive Vice President Strategy and Product...
Total Annual Compensation: $262.2K
Compensation as of Fiscal Year 2013.

synchronoss technologies inc (SNCR) Key Developments

Synchronoss Technologies, Inc. Reports Unaudited Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Provides Earnings Guidance for the First Quarter and Full Year of 2015

Synchronoss Technologies, Inc. reported unaudited earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported net revenue of $130,211,000 against $97,207,000, last year. Income from operations was $20,494,000 against $20,272,000, last year. Income before income tax expense was $19,106,000 against $20,565,000, last year. Net income attributable to the company was $13,620,000 or $0.30 diluted per share against $15,873,000 or $0.39 diluted per share, for the same period a year ago. According to Non-GAAP, the company reported net revenues of $130.9 million, an increase of 34% compared to the fourth quarter of 2013. Income from operations was $36.2 million in the fourth quarter of 2014, representing a year-over-year increase of 44% and an operating margin of 28%. Net income was $24.2 million in the fourth quarter of 2014, up from $16.4 million in the year ago period. Diluted earnings per share were $0.53 for the fourth quarter of 2014, compared to $0.41 for the fourth quarter of 2013. Non-GAAP gross margin was 61% against 60%, last year. The company generated $26.4 million in non-GAAP cash from operations compared to $42.1 million in the year-ago period. Capital expenditures were $49.1 million for the fourth quarter. For the year, the company reported net revenue of $457,314,000 against $349,047,000, last year. Income from operations was $62,298,000 against $34,894,000, last year. Income before income tax expense was $60,574,000 against $34,579,000, last year. Net income attributable to the company was $38,895,000 or $0.92 diluted per share against $23,351,000 or $0.58 diluted per share, for the same period a year ago. According to Non-GAAP, the company reported revenues for the full year of 2014 of $458.6 million, an increase of 30% compared to $352.5 million in 2013. Income from operations was $118.1 million, representing an operating margin of 26%. Net income was $76.8 million for the full year 2014, leading to diluted earnings per share of $1.79, an increase of 35% from $1.33 in the prior year. Non-GAAP gross margin was 61% against 60%, last year. Net cash provided by operating activities was $70,979,000 against $81,092,000 for the same period a year ago. Purchases of fixed assets were $73,885,000 against $73,434,000 for the same period a year ago. Non GAAP adjusted cash flow provided by operating activities was $72,182,000 against $77,920,000, for the same period a year ago. For the year 2015, the company expects CapEx to be approximately 15% of the company's total non-GAAP revenue for the full year with a few points of variability, which would be a meaningful reduction from 19% of its non-GAAP revenue in 2014. Non-GAAP revenues are expected to be in the range of $562 million to $574 million, representing year-over-year growth of approximately 24% at the midpoint, and includes approximately $10 million to $15 million in revenue contribution from the F-Secure acquisition for the remainder of 2015. Non-GAAP gross margins in the 61% to 62% range, with usual quarter-to-quarter variability. The company expects non-GAAP operating margins of 25% to 26%. This is expected to drive non-GAAP EPS of approximately $2.07 to $2.14, assuming a tax rate of approximately 34% and a diluted share count of approximately 47.4 million shares. Non-GAAP operating income benefit of $13.9 million or $0.19 related to the change in depreciable life for certain hardware in its data centers. For the first quarter, the company currently targeting non-GAAP revenues in the range of $130 million to $133 million, which represents year-over-year growth of approximately 32% to 35%. Non-GAAP gross margins will be 61% to 62%. Non-GAAP operating margins will be between 25% and 26%. And non-GAAP EPS will be approximately $0.47 to $0.49, assuming a tax rate of 34% and a diluted share count of approximately 47.1 million shares.

Synchronoss Technologies, Inc. Presents at Stifel, Nicolaus Technology, Internet & Media Conference, Feb-10-2015 09:10 AM

Synchronoss Technologies, Inc. Presents at Stifel, Nicolaus Technology, Internet & Media Conference, Feb-10-2015 09:10 AM. Venue: The Westin St. Francis, San Francisco, California, United States. Speakers: Karen L. Rosenberger, Chief Financial Officer, Executive Vice President and Treasurer.

Synchronoss Technologies, Inc. to Report Q4, 2014 Results on Feb 05, 2015

Synchronoss Technologies, Inc. announced that they will report Q4, 2014 results at 8:30 AM, US Eastern Standard Time on Feb 05, 2015

 

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Industry Analysis

SNCR

Industry Average

Valuation SNCR Industry Range
Price/Earnings 49.3x
Price/Sales 4.0x
Price/Book 3.4x
Price/Cash Flow 20.1x
TEV/Sales 3.0x
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