Synchronoss Technologies (SNCR) Set to Announce Quarterly Earnings on Tuesday

Synchronoss Technologies (NASDAQ:SNCR) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, August 6th. Analysts expect Synchronoss Technologies to post earnings of $0.07 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Synchronoss Technologies (NASDAQ:SNCR) last announced its earnings results on Tuesday, May 7th. The software maker reported $0.33 EPS for the quarter, topping the consensus estimate of ($0.58) by $0.91. The company had revenue of $42.97 million for the quarter, compared to analysts’ expectations of $41.52 million. Synchronoss Technologies had a negative net margin of 19.60% and a positive return on equity of 10.93%. On average, analysts expect Synchronoss Technologies to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Synchronoss Technologies Stock Performance

Shares of SNCR stock remained flat at $10.38 during trading on Tuesday. The company had a trading volume of 8,181 shares, compared to its average volume of 71,553. The company has a market cap of $112.02 million, a price-to-earnings ratio of -2.06 and a beta of 1.92. Synchronoss Technologies has a fifty-two week low of $2.70 and a fifty-two week high of $13.97. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 5.70. The stock’s 50 day simple moving average is $9.16 and its 200-day simple moving average is $8.41.

About Synchronoss Technologies

Synchronoss Technologies, Inc provides cloud, messaging, digital, and network management solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Synchronoss Personal Cloud platform that allows customers' subscribers to backup and protect, engage with, and manage their personal content.