Synchronoss Technologies (NASDAQ:SNCR) reported its Q4 earnings results on Tuesday, March 12, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Synchronoss Technologies missed estimated earnings by -750.0%, reporting an EPS of $-0.85 versus an estimate of $-0.1.
Revenue was down $20.23 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.45 which was followed by a 16.0% drop in the share price the next day.
Here's a look at Synchronoss Technologies's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0 | -0.27 | -0.18 | 0.54 |
| EPS Actual | 0.45 | -0.27 | -0.72 | -0.72 |
| Revenue Estimate | 61.50M | 59.74M | 58.86M | 65.23M |
| Revenue Actual | 55.65M | 59.71M | 57.71M | 61.63M |
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.