Synchronoss: 1Q Earnings Snapshot

Monday , July 02, 2018 - 5:22 AM

BRIDGEWATER, N.J. (AP) _ Synchronoss Technologies Inc. (SNCR) on Monday reported a loss of $36.7 million in its first quarter.

On a per-share basis, the Bridgewater, New Jersey-based company said it had a loss of 95 cents. Losses, adjusted for one-time gains and costs, were 54 cents per share.

The mobile services company posted revenue of $83.7 million in the period.

Synchronoss shares have decreased 31 percent since the beginning of the year. The stock has dropped 62 percent in the last 12 months.

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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