Benzinga | Aug 9, 2021 05:06PM EDT

Synchronoss Technologies Q2 Adj. EPS $(0.27) Misses $(0.20) Estimate, Sales $71.50M Beat $66.67M Estimate

Synchronoss Technologies (NASDAQ:SNCR) reported quarterly losses of $(0.27) per share which missed the analyst consensus estimate of $(0.20) by 35 percent. This is a 268.75 percent decrease over earnings of $0.16 per share from the same period last year. The company reported quarterly sales of $71.50 million which beat the analyst consensus estimate of $66.67 million by 7.24 percent. This is a 6.58 percent decrease over sales of $76.53 million the same period last year.