Synchronoss Technologies Inc. is a global provider of personal cloud solutions, empowers service providers to establish secure connections with their subscribers. The Company’s white-label cloud software and services enable its customers to keep subscribers, systems, networks, and content in sync. Its software-as-a-service (SaaS) cloud platform simplifies onboarding processes and fosters subscriber engagement, resulting in enhanced revenue streams, reduced expenses, and faster time-to-market. The Company’s Synchronoss Personal Cloud platform is a secure and highly scalable white label platform that allows its customers’ subscribers to back up and protect, engage with, and manage their personal content and gives its operator customers the ability to increase average revenue per user (ARPU) and reduce churn. The Synchronoss Personal Cloud platform is designed to support smartphones, tablets, and desktops across all operating systems.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD .
Undervalued
The company’s latest PE is -9.87, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 5.01M shares, decreasing 28.60% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 502.33K shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.46.