Synchronoss Q1 Outlook, Q4 Earnings Beat; Stock Rises

By | February 5, 2015

Scalper1 News

Synchronoss Technologies (SNCR) used its continuing growth in its cloud service business to give guidance for the current quarter that blew past analyst estimates. The company also reported Q4 earnings that beat views. Earnings per share minus items rose 29% from the year-earlier quarter to 53 cents, where analysts polled by Thomson Reuters had expected 43 cents. Revenue jumped 34% to $130.9 million. Analysts had expected $128.1 million. For the Scalper1 News

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