Synchronoss Technologies Q2 2024 Adj. EPS $0.48 Beats $0.07 Estimate, Sales $43.458M Beat $43.138M Estimate
Portfolio Pulse from Benzinga Newsdesk
Synchronoss Technologies (NASDAQ:SNCR) reported Q2 2024 adjusted EPS of $0.48, significantly beating the analyst estimate of $0.07. The company also reported sales of $43.458 million, surpassing the estimate of $43.138 million. This marks a substantial improvement from the same period last year.
August 06, 2024 | 9:03 pm
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Synchronoss Technologies reported Q2 2024 adjusted EPS of $0.48, beating the analyst estimate of $0.07 by 585.71%. Sales of $43.458 million also surpassed the estimate of $43.138 million. This represents a significant improvement from the same period last year.
The substantial beat on both EPS and sales estimates, along with significant year-over-year improvement, is likely to positively impact SNCR's stock price in the short term.
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