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Synchronoss: 2Q Earnings Snapshot

August 5, 2019

BRIDGEWATER, N.J. (AP) _ Synchronoss Technologies Inc. (SNCR) on Monday reported a loss of $16.6 million in its second quarter.

The Bridgewater, New Jersey-based company said it had a loss of 61 cents per share. Losses, adjusted for one-time gains and costs, came to 28 cents per share.

The mobile services company posted revenue of $77.8 million in the period.

Synchronoss shares have increased 33% since the beginning of the year. In the final minutes of trading on Monday, shares hit $8.17, more than doubling in the last 12 months.


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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