Synchronoss: Q4 Earnings Snapshot

Associated Press Finance
12 Mar

BRIDGEWATER, N.J. (AP) — BRIDGEWATER, N.J. (AP) — Synchronoss Technologies Inc. (SNCR) on Tuesday reported profit of $7.9 million in its fourth quarter.

On a per-share basis, the Bridgewater, New Jersey-based company said it had profit of 71 cents. Earnings, adjusted for one-time gains and costs, came to 94 cents per share.

The mobile services company posted revenue of $44.2 million in the period.

For the year, the company reported profit of $4.6 million, or 43 cents per share. Revenue was reported as $173.6 million.

Synchronoss expects full-year revenue in the range of $170 million to $180 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SNCR at https://www.zacks.com/ap/SNCR

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