Earnings summaries and quarterly performance for SYNCHRONOSS TECHNOLOGIES.
Executive leadership at SYNCHRONOSS TECHNOLOGIES.
Board of directors at SYNCHRONOSS TECHNOLOGIES.
Research analysts who have asked questions during SYNCHRONOSS TECHNOLOGIES earnings calls.
Recent press releases and 8-K filings for SNCR.
Synchronoss Technologies Sale Investigated by M&A Class Action Firm
SNCR
M&A
Legal Proceedings
Takeover Bid
- Monteverde & Associates PC is investigating the sale of Synchronoss Technologies, Inc. (NASDAQ:SNCR) to Lumine Group Inc.
- Synchronoss shareholders are expected to receive $9.00 per share, subject to adjustment for transaction expenses, upon completion of the proposed transaction.
- The shareholder vote for this transaction is scheduled for February 3, 2026.
Jan 6, 2026, 6:11 PM
Synchronoss Technologies to be Acquired by Lumine Group
SNCR
M&A
Takeover Bid
- Synchronoss Technologies, Inc. (SNCR) announced on December 4, 2025, that it will be acquired by Lumine Group Inc. in an all-cash transaction.
- Shareholders will receive $9.00 per share in cash, which represents a premium of approximately 70% over the company's closing share price as of December 3, 2025.
- The transaction values Synchronoss at an implied equity value of approximately $116.4 million and an enterprise value of approximately $258.4 million.
- The acquisition was unanimously approved by Synchronoss' Board of Directors and is expected to close in the first half of 2026, at which point Synchronoss will become a privately held company.
Dec 4, 2025, 2:05 PM
Synchronoss Technologies Reports Q3 2025 Results and Updates 2025 Outlook
SNCR
Earnings
Guidance Update
New Projects/Investments
- 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. 93.8% of the total revenue was recurring.
- 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. Quarterly free cash flow was $35.9 million and adjusted EBITDA was $12.0 million.
- 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.
- 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.
Nov 4, 2025, 9:38 PM
Synchronoss Technologies Reports Q3 2025 Results and Adjusts Full-Year Guidance
SNCR
Earnings
Guidance Update
Demand Weakening
- Synchronoss Technologies reported Q3 2025 revenue of $42 million, net income of $5.8 million, and diluted earnings per share of $0.51. Adjusted EBITDA for the quarter was $12 million, representing a 28.5% margin.
- The company adjusted its full-year 2025 guidance, now expecting revenue between $169 million and $172 million, adjusted EBITDA between $50 million and $53 million, and free cash flow between $6 million and $10 million. This revision is primarily due to subscriber growth weakness among certain customers and delayed timing of new customer contracts.
- Recurring revenue in Q3 2025 was 93.8% of total revenue, underscoring the stability of its business model, while year-over-year subscriber growth was approximately 1%.
- Synchronoss strengthened its balance sheet by receiving a $33.9 million CARES Act refund, which enabled a $25.4 million prepayment on its term loan and reduced annual interest payments by approximately $2.8 million.
- The company is focused on driving future growth through new customer contracts, expanding existing customer relationships, and leveraging AI for product enhancements and operational efficiency.
Nov 4, 2025, 9:30 PM
Synchronoss Technologies Reports Q3 2025 Results and Updates Full-Year Guidance
SNCR
Earnings
Guidance Update
Demand Weakening
- Synchronoss Technologies reported Q3 2025 revenue of $42 million, with net income of $5.8 million and diluted earnings per share of $0.51. Adjusted EBITDA was $12 million, representing a 28.5% margin.
- The company adjusted its full-year 2025 guidance, expecting revenue between $169 million and $172 million, adjusted EBITDA between $50 million and $53 million, and free cash flow between $6 million and $10 million. This adjustment reflects slightly lower expected revenue contributions due to subscriber growth weakness and delayed new customer contracts.
- Recurring revenue remained strong at 93.8% of total revenue in Q3 2025, underscoring the stability of its business model, while year-over-year subscriber growth was 1%.
- Synchronoss strengthened its balance sheet by completing a $200 million term loan refinancing and receiving a $33.9 million CARES Act refund, which enabled a $25.4 million prepayment on its term loan. This contributed to a total of $100 million in debt reduction over the past four years.
- The company is focused on adding new global customers, with new customer contracts expected to launch in Q4 2025 and 2026, and is leveraging AI for product development and cost optimization.
Nov 4, 2025, 9:30 PM
Synchronoss Technologies Reports Q3 2025 Results and Updates Full-Year Guidance
SNCR
Earnings
Guidance Update
Debt Issuance
- 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.
- 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.
- 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.
- 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%.
- 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.
Nov 4, 2025, 9:30 PM
Quarterly earnings call transcripts for SYNCHRONOSS TECHNOLOGIES.
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