Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Synchronoss Technologies
So what: Third-quarter revenue put up a healthy 33% increase to $59.2 million, which gave way to non-GAAP earnings per share of $0.23. Both top- and bottom-line results handily bested the analysts' consensus estimates of $58.3 million in sales and $0.21 earnings per share.
Now what: As a provider of transaction management services to wireless carriers like Verizon
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