Benzinga | May 10, 2021 04:30PM EDT

Synchronoss Technologies Q1 EPS $(0.33) Misses $(0.14) Estimate, Sales $65.50M Beat $63.45M Estimate

Synchronoss Technologies (NASDAQ:SNCR) reported quarterly losses of $(0.33) per share which missed the analyst consensus estimate of $(0.14) by 135.71 percent. This is a 650 percent decrease over earnings of $0.06 per share from the same period last year. The company reported quarterly sales of $65.50 million which beat the analyst consensus estimate of $63.45 million by 3.23 percent. This is a 15.07 percent decrease over sales of $77.12 million the same period last year.