Synchronoss: 3Q Earnings Snapshot
BRIDGEWATER, N.J. (AP) _ Synchronoss Technologies Inc. (SNCR) on Wednesday reported a loss of $46.6 million in its third quarter.
The Bridgewater, New Jersey-based company said it had a loss of $1.38 per share. Losses, adjusted for one-time gains and costs, came to 84 cents per share.
The mobile services company posted revenue of $83.3 million in the period.
Synchronoss shares have fallen 31 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $6.13, a drop of 39 percent in the last 12 months.