Aditya Dagaonkar

Richard Baldry

Jon Hickman

- Synchronoss Technologies reported **Q3 2025 revenue of $42,000,000**, net income of **$5,800,000**, and diluted EPS of **$0.51**, with adjusted EBITDA at **$12,000,000**.  **[0001131554_2233498_1]** **[0001131554_2233498_4]** 
- The company adjusted its **full-year 2025 revenue guidance to between $169,000,000 and $172,000,000** and adjusted EBITDA guidance to between **$50,000,000 and $53,000,000**, citing subscriber growth weakness and delayed new customer contracts.  **[0001131554_2233498_3]** **[0001131554_2233498_5]** 
- Synchronoss completed a **$200,000,000** term loan refinancing, extending debt maturities to **2029**, and received a **$33,900,000** CARES Act refund, which facilitated a **$25,400,000** debt prepayment.  **[0001131554_2233498_1]** **[0001131554_2233498_5]** 
- Recurring revenue constituted **93.8%** of total revenue in Q3 2025, reflecting a stable business model, although year-over-year subscriber growth was approximately **1%**.  **[0001131554_2233498_1]** **[0001131554_2233498_4]** 
- The company is actively pursuing **AI-driven transformation**, developing advanced features and deploying a hybrid cloud AI model to enhance product capabilities and operational efficiency.  **[0001131554_2233498_2]** **[0001131554_2233498_3]**

Synchronoss Technologies Reports Q3 2025 Results and Updates Full-Year Guidance

- Synchronoss Technologies reported **revenue of $42.0 million** and a **net income of $5.8 million**, resulting in **diluted EPS of $0.51** for the third quarter ended September 30, 2025.  **[1131554_0001628280-25-048904_ex991_09302025.htm:0]**  **93.8%** of the total revenue was recurring.  **[1131554_0001628280-25-048904_ex991_09302025.htm:0]** 
- The company received a **$33.9 million CARES Act Tax refund**, which was used to materially reduce net debt and decrease annual interest payments by approximately **$2.8 million**.  **[1131554_0001628280-25-048904_ex991_09302025.htm:0]**  Quarterly free cash flow was **$35.9 million** and adjusted EBITDA was **$12.0 million**.  **[1131554_0001628280-25-048904_ex991_09302025.htm:0]** 
- For the full year 2025, Synchronoss revised its outlook, projecting revenue between **$169 million and $172 million** and Adjusted EBITDA between **$50 million and $53 million**.  **[1131554_0001628280-25-048904_ex991_09302025.htm:2]** 
- Synchronoss reiterated its expectation of adding a **new customer in 2025** and anticipates signing an additional **Tier 1 customer in the first half of 2026**, both of which are expected to contribute to revenue growth and enhanced profitability next year.  **[1131554_0001628280-25-048904_ex991_09302025.htm:0]**

SYNCHRONOSS TECHNOLOGIES (SNCR)