Synchronoss Technologies (Nasdaq: SNCR) reported earnings on July 30. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended June 30 (Q2), Synchronoss Technologies met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue grew significantly. Non-GAAP earnings per share grew. GAAP earnings per share dropped significantly.

Margins dropped across the board.

Revenue details
 Synchronoss Technologies recorded revenue of $83.8 million. The 14 analysts polled by S&P Capital IQ expected a top line of $83.1 million on the same basis. GAAP reported sales were 25% higher than the prior-year quarter's $67.0 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $0.31. The 14 earnings estimates compiled by S&P Capital IQ forecast $0.29 per share. Non-GAAP EPS of $0.31 for Q2 were 6.9% higher than the prior-year quarter's $0.29 per share. GAAP EPS of $0.09 for Q2 were 71% lower than the prior-year quarter's $0.31 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 57.6%, 260 basis points worse than the prior-year quarter. Operating margin was 6.8%, 930 basis points worse than the prior-year quarter. Net margin was 4.1%, much worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $86.7 million. On the bottom line, the average EPS estimate is $0.34.

Next year's average estimate for revenue is $343.5 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 109 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 108 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 $34.92.

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