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
10-Q - Q2 2024 - Aug 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 155 % +22.5%
Debt-to-equity 756 % +84.7%
Return On Equity -22.9 %
Return On Assets -15.1 % -708%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 10.8M shares -88.4%
Common Stock, Shares, Outstanding 10.8M shares -88.4%
Entity Public Float 71.1M USD -16.5%
Common Stock, Value, Issued 1K USD -88.9%
Weighted Average Number of Shares Outstanding, Basic 10M shares +3.69%
Weighted Average Number of Shares Outstanding, Diluted 10.4M shares +7.63%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 168M USD +2.31%
Research and Development Expense 42.8M USD -7.75%
Costs and Expenses 162M USD +19.5%
Operating Income (Loss) 5.27M USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -5.04M USD +82.7%
Income Tax Expense (Benefit) 7.23M USD +3425%
Net Income (Loss) Attributable to Parent -54.6M USD -607%
Earnings Per Share, Basic -3.84 USD/shares +10.9%
Earnings Per Share, Diluted -3.85 USD/shares +10.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 23.6M USD +54.1%
Accounts Receivable, after Allowance for Credit Loss, Current 19.9M USD -50.2%
Assets, Current 75.5M USD -22.8%
Property, Plant and Equipment, Net 3.67M USD -17.3%
Operating Lease, Right-of-Use Asset 10.7M USD -38.9%
Goodwill 182M USD -14.4%
Other Assets, Noncurrent 3.67M USD +8.87%
Assets 296M USD -23%
Accounts Payable, Current 7.98M USD -32.3%
Employee-related Liabilities, Current 17.4M USD -8.57%
Accrued Liabilities, Current 31.5M USD -38.8%
Contract with Customer, Liability, Current 1.06M USD -94.6%
Liabilities, Current 42.4M USD -48.9%
Contract with Customer, Liability, Noncurrent 2.63M USD +553%
Deferred Income Tax Liabilities, Net 4.17M USD +773%
Operating Lease, Liability, Noncurrent 19.9M USD -24.6%
Other Liabilities, Noncurrent 1.38M USD -46.6%
Liabilities 253M USD +0.17%
Accumulated Other Comprehensive Income (Loss), Net of Tax -34M USD +13.7%
Retained Earnings (Accumulated Deficit) -427M USD -7.86%
Stockholders' Equity Attributable to Parent 30.6M USD -40.1%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 60.6M USD -27.9%
Liabilities and Equity 296M USD -23%

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 10.8M shares -88.4%
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 23.6M USD +22.3%
Deferred Tax Assets, Valuation Allowance 64.1M USD +1.64%
Deferred Tax Assets, Gross 73.8M USD +4.54%
Operating Lease, Liability 25.9M USD -19.4%
Payments to Acquire Property, Plant, and Equipment 517K USD -41%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -25.8M USD -11%
Lessee, Operating Lease, Liability, to be Paid 30.1M USD -22.2%
Operating Lease, Liability, Current 6.06M USD +3.81%
Lessee, Operating Lease, Liability, to be Paid, Year Two 7.85M USD -1.47%
Lessee, Operating Lease, Liability, to be Paid, Year One 7.87M USD -3.96%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Deferred Income Tax Expense (Benefit) 0 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4.21M USD -35.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 6.21M USD -21.4%
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 -31.8%
Operating Lease, Payments 7.64M USD +11.6%
Depreciation, Depletion and Amortization 17.2M USD +167%
Share-based Payment Arrangement, Expense 3.89M USD -12%
Interest Expense 14M USD +1.87%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares