AP NEWS

Synchronoss: 3Q Earnings Snapshot

November 4, 2019

BRIDGEWATER, N.J. (AP) _ Synchronoss Technologies Inc. (SNCR) on Monday reported a loss of $61.2 million in its third quarter.

On a per-share basis, the Bridgewater, New Jersey-based company said it had a loss of $1.70. Losses, adjusted for pretax expenses and restructuring costs, were 62 cents per share.

The mobile services company posted revenue of $52.2 million in the period.

Synchronoss shares have climbed slightly more than 2% since the beginning of the year. In the final minutes of trading on Monday, shares hit $6.29, an increase of 1.5% in the last 12 months.

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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