Synchronoss: 2Q Earnings Snapshot
BRIDGEWATER, N.J. (AP) _ Synchronoss Technologies Inc. (SNCR) on Monday reported a loss of $16.6 million in its second quarter.
The Bridgewater, New Jersey-based company said it had a loss of 61 cents per share. Losses, adjusted for one-time gains and costs, came to 28 cents per share.
The mobile services company posted revenue of $77.8 million in the period.
Synchronoss shares have increased 33% since the beginning of the year. In the final minutes of trading on Monday, shares hit $8.17, more than doubling in the last 12 months.