Synchronoss Technologies
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Synchronoss Technologies's revenues will increase 24.0% and EPS will decrease 0.0%.
The average estimate for revenue is $83.1 million. On the bottom line, the average EPS estimate is $0.29.
Revenue details
Last quarter, Synchronoss Technologies reported revenue of $78.3 million. GAAP reported sales were 21% higher than the prior-year quarter's $64.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, non-GAAP EPS came in at $0.28. GAAP EPS of $0.01 for Q1 were 93% lower than the prior-year quarter's $0.14 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 59.0%, 330 basis points better than the prior-year quarter. Operating margin was 7.4%, 420 basis points worse than the prior-year quarter. Net margin was 0.6%, 790 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $343.4 million. The average EPS estimate is $1.30.
Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 449 members out of 475 rating the stock outperform, and 26 members rating it underperform. Among 110 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 109 give Synchronoss Technologies a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Synchronoss Technologies is outperform, with an average price target of $34.09.
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