Synchronoss Technologies Inc financial data

Symbol
SNCR, SNCRL on Nasdaq
Industry
Services-Computer Programming Services
Location
200 Crossing Boulevard, 3 Rd Floor, Bridgewater, New Jersey
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 139 % +4.6%
Debt-to-equity 645 % +74.3%
Return On Equity -22.9 %
Return On Assets -15.1 % -708%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 10.3M shares -89%
Common Stock, Shares, Outstanding 10.3M shares -89%
Entity Public Float 71.1M USD -16.5%
Common Stock, Value, Issued 1K USD -88.9%
Weighted Average Number of Shares Outstanding, Basic 9.84M shares +1.96%
Weighted Average Number of Shares Outstanding, Diluted 10.3M shares +6.46%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 165M USD -2.18%
Research and Development Expense 44.2M USD -5.15%
Costs and Expenses 169M USD +12.7%
Operating Income (Loss) -4.11M USD -1406%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -15.9M USD -31%
Income Tax Expense (Benefit) 5.05M USD +4577%
Net Income (Loss) Attributable to Parent -54.6M USD -607%
Earnings Per Share, Basic -4.98 USD/shares -89.4%
Earnings Per Share, Diluted -4.99 USD/shares -89%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 19.1M USD +47.8%
Accounts Receivable, after Allowance for Credit Loss, Current 22.5M USD -53.2%
Assets, Current 73.9M USD -26.1%
Property, Plant and Equipment, Net 3.67M USD -17.3%
Operating Lease, Right-of-Use Asset 13.9M USD -30.8%
Goodwill 182M USD -14.1%
Other Assets, Noncurrent 3.73M USD -3.99%
Assets 299M USD -23.7%
Accounts Payable, Current 6.21M USD -47.4%
Employee-related Liabilities, Current 17.4M USD -8.57%
Accrued Liabilities, Current 33M USD -41.3%
Contract with Customer, Liability, Current 656K USD -95.6%
Liabilities, Current 39.9M USD -52%
Contract with Customer, Liability, Noncurrent 2.63M USD +553%
Deferred Income Tax Liabilities, Net 3.21M USD +587%
Operating Lease, Liability, Noncurrent 21.4M USD -23%
Other Liabilities, Noncurrent 1.53M USD -34.2%
Liabilities 203M USD -18.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax -31.8M USD +19.5%
Retained Earnings (Accumulated Deficit) -427M USD -10.1%
Stockholders' Equity Attributable to Parent 24M USD -60.4%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 60.6M USD -27.9%
Liabilities and Equity 299M USD -23.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 527K USD -59.3%
Net Cash Provided by (Used in) Financing Activities -2.13M USD +7.4%
Net Cash Provided by (Used in) Investing Activities -3.8M USD +30.5%
Common Stock, Shares Authorized 16.7M shares -88.9%
Common Stock, Shares, Issued 10.3M shares -89%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -5.47M USD +14%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 19.1M USD +22.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 11.9M USD +0.61%
Deferred Tax Assets, Valuation Allowance 64.1M USD +1.64%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 73.8M USD +4.54%
Operating Lease, Liability 27.4M USD -18.3%
Depreciation 2.2M USD -24.1%
Payments to Acquire Property, Plant, and Equipment 517K USD -41%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -31.4M USD -64.4%
Lessee, Operating Lease, Liability, to be Paid 32.1M USD -20.9%
Operating Lease, Liability, Current 5.94M USD +4.69%
Lessee, Operating Lease, Liability, to be Paid, Year Two 7.86M USD -2.28%
Lessee, Operating Lease, Liability, to be Paid, Year One 7.88M USD -3.86%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Deferred Income Tax Expense (Benefit) 2.74M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4.74M USD -33.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 6.21M USD -21.2%
Deferred Federal Income Tax Expense (Benefit) 2.75M USD +10465%
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 4.4M USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 4.28M USD -31.1%
Operating Lease, Payments 7.68M USD +5.65%
Current State and Local Tax Expense (Benefit) 67K USD +8.07%
Current Federal Tax Expense (Benefit) 1.11M USD -3.88%
Amortization of Intangible Assets 14.6M USD +22.7%
Depreciation, Depletion and Amortization 17.3M USD +62%
Share-based Payment Arrangement, Expense 4.04M USD +1.13%
Deferred State and Local Income Tax Expense (Benefit) -3K USD +98.1%
Interest Expense 14M USD +1.87%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares