Synchronoss Technologies, Inc. (SNCR) Market Cap
Synchronoss Technologies, Inc. has a market capitalization of $103.6M.
Financials based on reported quarter end 2025-09-30
Price: $9.00
▲ 0.00 (0.00%)
Market Cap: 103.56M
NASDAQ · time unavailable
CEO: Jeffrey George Miller
Sector: Technology
Industry: Software - Infrastructure
IPO Date: 2006-06-15
Website: https://www.synchronoss.com
Synchronoss Technologies, Inc. (SNCR) - Company Information
Market Cap: 103.56M · Sector: Technology
Synchronoss Technologies, Inc. provides cloud, messaging, digital, and network management platforms, products, and solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company's platforms, products, and solutions include content backup, view, manage, engage, transfer, and restore solutions in operating systems and devices; multi-channel messaging, peer-to-peer communications, and application-to-person commerce solutions; email solutions; customer journey and workflow design, development, orchestration, and experience management solutions; and telecom network infrastructure designing, procuring, managing, and optimizing solutions. It also streamlines the activation of new services and devices. In addition, the company offers software development and customization services. It markets and sells its services through direct sales force and strategic partners. The company was incorporated in 2000 and is headquartered in Bridgewater, New Jersey.
Analyst Sentiment
Based on 1 ratings
Analyst 1Y Forecast: $9.00
Average target (based on 1 sources)
Consensus Price Target
Low
$9
Median
$9
High
$9
Average
$9
Potential Upside: 0.0%
Price & Moving Averages
Related Companies in Technology
Fundamentals Overview
📊 AI Financial Analysis
Powered by StockMarketInfo"As of September 30, 2025, Synchronoss Technologies, Inc. (SNCR) reported revenue of $42.0M and a net income of $5.8M, equating to an earnings per share (EPS) of $0.55. The company demonstrated healthy operating cash flow of $39.4M, contributing to a positive free cash flow of $39.0M after minimal capital expenditures of $358k. The balance sheet reflects total assets of $278.2M against liabilities of $222.9M, resulting in total equity of $55.4M and a net debt of $145.9M. Despite zero dividends paid, SNCR’s overall growth trajectory appears stable with consistent cash flow generation. However, the absence of market capitalization details and price information limits the assessment of shareholder returns and valuation. Additionally, with no recent stock price change available, it's challenging to gauge market sentiment. Nevertheless, the fundamentals indicate a profitable operation capable of sustaining its financial obligations."
Revenue Growth
Revenue of $42.0M shows stability, but growth metrics are unclear.
Profitability
Positive net income of $5.8M with a solid EPS of $0.55.
Cash Flow Quality
Strong operating cash flow indicates robust cash generation capabilities.
Leverage & Balance Sheet
Moderate leverage with net debt of $145.9M necessitates monitoring.
Shareholder Returns
No dividends paid; limited data on stock price performance.
Analyst Sentiment & Valuation
Target price remains stable at $9, indicating moderate expectations.
Disclaimer:This analysis is AI-generated for informational purposes only. Accuracy is not guaranteed and this does not constitute financial advice.
So what: management delivered solid profitability (Q3 adjusted EBITDA $12.0M, 28.5% margin; operating expenses down 3.5% YoY; recurring revenue 93.8%), but the quarter missed expectations on growth timing. The root issue wasn’t churn shock—management said they still grew subscribers—but delayed conversion of new customer contracts and subscriber growth weakness among certain customers pushed revenue down sequentially and year-over-year. They cut FY25 guidance: revenue to $169M–$172M and adjusted EBITDA to $50M–$53M; free cash flow to $6M–$10M (notably excluding the $33.9M refund proceeds). In the Q&A, the tone tightened: subscriber growth slowed from ~3% to 1% YoY due to mix effects (less onetime license/pro services after a SoftBank SDK license closure in Q2) and timing. While management sounds confident about a return toward mid-single-digit subscriber growth and one new customer launch by year-end plus another in 2026, the analyst pressure is reflected in the concrete guidance reductions tied directly to contract delay and customer transition headwinds.
Growth Catalysts
- AT&T value-added service momentum via streamlined digital onboarding; improved take rates
- Targeting a return toward mid-single-digit subscriber growth once delayed/new contracts convert
- Verizon migration to myPlan Perks framed as near-term pressure but expected to drive more sustainable growth as customers select individual perks
- Capsyl digital marketing initiatives with Telkomsel generating tangible momentum; scaling through broader carrier pipeline
- AI-driven cost optimization (AI deployment using/optimizing multiple open-source models; hybrid cloud AI content intelligence; in-house photo tagging and image embedding)
Business Development
- AT&T: <2% penetration across total subscriber base; long runway through 2026+
- Verizon: transitioning bundled cloud users to myPlan Perks portfolio; expanded use of direct/indirect retail channels with healthy cloud take-rate uplifts in Q3 and early signs in Q4
- SoftBank: digital integration kicked off for My SoftBank app via software development kit (SDK); contribution expected to begin next year; below 2% penetration across SoftBank mobile brands
- Capsyl: Telkomsel promotional efforts; used as case study to pitch Capsyl to other deep pipeline opportunities
- Assurant: partner helping expand reach into new customers; intent to leverage for launches in Q4 and throughout 2026
- Named SMB/value segment brands cited for subscriber adoption: Straight Talk, Total Wireless, Simple Mobile
- Customer contract timing: management expects one new customer launch by end of 2025 and an additional launch in 2026
Financial Highlights
- Revenue: $42.0M vs $43.0M prior year; slightly below expectations due to subscriber growth weakness among certain customers and delayed timing of new customer contracts
- Adjusted EBITDA: $12.0M; 28.5% margin
- Operating expenses: down 3.5% YoY to $36.1M (from $37.4M)
- Adjusted gross margin: 79.5% of revenue (down slightly from 79.6% prior year)
- Revenue mix/recurrence: recurring revenue 93.8% of total revenue; 90%+ projected revenue under long-term contracts with Tier 1 carriers
- Net income: $5.8M; diluted EPS $0.51, driven by $5.2M one-time interest income event from tax refund plus noncash FX
- Tax refund impact details (Q&A): total CARES Act refund proceeds $33.9M inclusive of interest; $28.6M pure refund amount; $5.2M interest/refund related to open years
- Interest expense onetime item (Q&A): $1.7M deferred issuance cost related to term loan line item
Capital Funding
- Strategic $200M 4-year term loan refinancing completed; retired senior notes and prior term loan; extended debt maturities to 2029
- CARES Act refund process completed; $33.9M total outstanding balance received
- Debt reduction: $25.4M prepayment at par on term loan; total $100M debt reduction over past 4 years
- Cash: $34.8M cash & equivalents at Sep 30, 2025
- Reported remaining tax-refund cash: ~$8.5M cash not used for prepayment, intended for new growth initiatives
- Free cash flow (reported): $36M (largely refund-driven); adjusted free cash flow: $4.2M
- Buyback: discussed as a potential after prioritizing offensive investment; no buyback amount authorized/announced
Strategy & Ops
- Cost reduction via AI deployment: optimization of multiple open-source models; ongoing evaluation of AI/ML to mitigate additional costs
- AI development automation for security/compliance (end-to-end encryption for desktop clients; LLM promptimizing for user stories/test cases; secure, scalable solutions posted on private networks)
- Core personal cloud platform: hybrid cloud AI model for advanced content intelligence; enabled dynamic distribution (in-house photo tagging and image embedding) across company-owned and public clouds
- Platform roadmap: “memories” feature with integrated highlights and personalized “genius style” content
Market Outlook
- Full-year 2025 guidance cut/adjusted: Revenue $169M–$172M (from prior implied higher level); adjusted EBITDA $50M–$53M; free cash flow $6M–$10M
- Guidance parameters maintained: recurring revenue at least 90% of total revenue; adjusted gross margin 78%–80%
- Management framing: subscriber growth softness in Q4 expected to be temporary; momentum built across multiple fronts for improved performance in 2026
- New customer timing: one new customer launch expected by end of 2025; another launch expected in 2026
Risks & Headwinds
- Subscriber growth weakness among certain customers (Q3 and expected softness in Q4)
- Delayed timing of new customer contracts causing revenue contribution not to show up in Q3
- Verizon bundled cloud transition to myPlan Perks creates near-term subscriber growth pressure (slightly compounded by weakness in Verizon’s overall subscriber growth)
- Long sales cycle noted for new customer contracts; conversion timing impacts near-term subscriber growth visibility
- Analyst/market sensitivity implied by management’s repeated emphasis on delayed contract timing and the guidance reset (revenue/EBDITDA/FCF) being driven by top-line shortfall
Sentiment: CAUTIOUS
Note: This summary was synthesized by AI from the SNCR Q3 2025 earnings transcript. Financial data is complex; please verify all metrics against official SEC filings before making investment decisions.