Synchronoss: 2Q Earnings Snapshot
Synchronoss: 2Q Earnings Snapshot
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BRIDGEWATER, N.J. (AP) _ Synchronoss Technologies Inc. (SNCR) on Thursday reported a loss of $54.5 million in its second quarter.
The Bridgewater, New Jersey-based company said it had a loss of $1.20 per share. Losses, adjusted for non-recurring costs and amortization costs, were 48 cents per share.
The mobile services company posted revenue of $76.7 million in the period.
In the final minutes of trading on Thursday, the company's shares hit $4.14. A year ago, they were trading at $16.66.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SNCR at https://www.zacks.com/ap/SNCR
