Synchronoss: Q4 Earnings Snapshot

Associated Press Finance
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BRIDGEWATER, N.J. (AP) — BRIDGEWATER, N.J. (AP) — Synchronoss Technologies Inc. (SNCR) on Tuesday reported a loss of $32.4 million in its fourth quarter.

On a per-share basis, the Bridgewater, New Jersey-based company said it had a loss of $3.56. Losses, adjusted to account for discontinued operations and restructuring costs, came to 85 cents per share.

The mobile services company posted revenue of $41.4 million in the period.

For the year, the company reported a loss of $54.5 million, or $6.62 per share. Revenue was reported as $164.2 million.

Synchronoss expects full-year revenue in the range of $170 million to $175 million.

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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

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