Synchronoss: 2Q Earnings Snapshot
BRIDGEWATER, N.J. (AP) _ Synchronoss Technologies Inc. (SNCR) on Thursday reported a loss of $54.5 million in its second quarter.
The Bridgewater, New Jersey-based company said it had a loss of $1.20 per share. Losses, adjusted for non-recurring costs and amortization costs, were 48 cents per share.
The mobile services company posted revenue of $76.7 million in the period.
In the final minutes of trading on Thursday, the company’s shares hit $4.14. A year ago, they were trading at $16.66.