AP NEWS

Synchronoss: 3Q Earnings Snapshot

November 7, 2018

BRIDGEWATER, N.J. (AP) _ Synchronoss Technologies Inc. (SNCR) on Wednesday reported a loss of $46.6 million in its third quarter.

The Bridgewater, New Jersey-based company said it had a loss of $1.38 per share. Losses, adjusted for one-time gains and costs, came to 84 cents per share.

The mobile services company posted revenue of $83.3 million in the period.

Synchronoss shares have fallen 31 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $6.13, a drop of 39 percent in the last 12 months.

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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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