Synchronoss (SNCR)

Company Profile

Synchronoss transforms the way companies create new revenue, reduce costs and delight their subscribers with cloud, messaging, digital and IoT products, supporting hundreds of millions of subscribers across the globe. Synchronoss’ secure, scalable and groundbreaking new technologies, trusted partnerships, and talented people change the way TMT customers grow their businesses.

Company profile

Ticker

SNCR, SNCRL

Exchange

NASDAQ

Website

www.synchronoss.com

CEO

Glenn Lurie

Location

New Jersey

Fiscal year end

Dec 31

Sector

Professional, Scientific, and Technical Services > Custom Computer Programming Services

Industry (SIC)

Services - Computer Programming Services

Cognizant Technology Solutions • Amdocs • Verisign • Thoughtworks Holding • Compass • Formula Systems • HashiCorp • Realnetworks • EPAM Systems • Perficient ...

SEC CIK

0001131554

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

IRS number

61594540

SNCR stock data

1M 1Y 5Y

Latest filings (excl ownership)

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8-K

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard

8 Nov 22

Synchronoss Technologies Reports Third Quarter 2022 Results

8 Nov 22

8-K

Entry into a Material Definitive Agreement

7 Nov 22

8-K/A

Synchronoss Technologies Reports Second Quarter 2022 Results

9 Aug 22

Synchronoss Technologies Reports Second Quarter 2022 Results

9 Aug 22

8-K

Entry into a Material Definitive Agreement

23 Jun 22

S-8

Registration of securities for employees

22 Jun 22

8-K

Synchronoss Technologies Reports First Quarter 2022 Results

11 May 22

Transcripts

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SNCR

Earnings call transcript

2022 Q3

9 Nov 22

SNCR

Earnings call transcript

2022 Q2

9 Aug 22

SNCR

Earnings call transcript

2022 Q1

11 May 22

SNCR

Earnings call transcript

2021 Q4

9 Mar 22

SNCR

Earnings call transcript

2021 Q3

9 Nov 21

SNCR

Earnings call transcript

2021 Q2

10 Aug 21

SNCR

Earnings call transcript

2021 Q1

11 May 21

SNCR

Earnings call transcript

2020 Q4

9 Mar 21

SNCR

Earnings call transcript

2020 Q3

9 Nov 20

SNCR

Earnings call transcript

2020 Q3

9 Nov 20

Latest ownership filings

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SC 13G

Allspring Global Investments Holdings, LLC

Jeffrey George Miller

Martin Francis Bernstein

Financial summary

Financial statements Chart SNCR financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	22.58 mm	22.58 mm	22.58 mm	22.58 mm	22.58 mm	22.58 mm
Cash burn (monthly)	976.00 k	129.75 k	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	3.98 mm	529.32 k	n/a	n/a	n/a	n/a
Cash remaining	18.60 mm	22.05 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	19.1	170.0	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Synchronoss earnings reports.

Institutional ownership, Q3 2022

SNCR institutional ownership history Ownership history

45.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	78	78	–
Opened positions	8	10	-20.0%
Closed positions	8	9	-11.1%
Increased positions	17	21	-19.0%
Reduced positions	23	21	+9.5%

13F shares	Current	Prev Q	Change
Total value	48.93 mm	48.44 mm	+1.0%
Total shares	41.61 mm	42.94 mm	-3.1%
Total puts	13.90 k	0.00	NEW
Total calls	0.00	26.40 k	EXIT
Total put/call ratio	Infinity	–	–

Largest owners	Shares	Value	Change
RILY B. Riley Financial	12.08 mm	$13.77 mm	0.0%
Allspring Global Investments	5.35 mm	$6.10 mm	+0.1%
Cannell Capital	3.71 mm	$4.23 mm	0.0%
Vanguard	3.47 mm	$3.95 mm	+21.1%
Punch & Associates Investment Management	2.27 mm	$2.59 mm	-10.6%
BLK Blackrock	1.65 mm	$1.89 mm	-0.7%
AWM Investment	1.51 mm	$1.73 mm	+6.3%
Acadian Asset Management	1.37 mm	$1.56 mm	+10.0%
RBC Global Asset Management	1.22 mm	$0.00	0.0%
Prelude Capital Management	977.95 k	$1.12 mm	+1.8%

Largest transactions	Shares	Bought/sold	Change
Vanguard	3.47 mm	+604.62 k	+21.1%
Nokomis Capital, L.L.C.	53.77 k	-511.92 k	-90.5%
Group One Trading	186.08 k	-344.83 k	-65.0%
First Eagle Investment Management	461.63 k	+275.24 k	+147.7%
Punch & Associates Investment Management	2.27 mm	-270.01 k	-10.6%
Dimensional Fund Advisors	295.42 k	-268.31 k	-47.6%
STT State Street	0.00	-266.86 k	EXIT
Kennedy Capital Management	761.39 k	-180.90 k	-19.2%
Millennium Management	249.87 k	-165.86 k	-39.9%
D. E. Shaw & Co.	0.00	-163.34 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

SNCR insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
2 Nov 22	Lou Ferraro	Common Stock	Grant	Acquire A	No	No	1.1	25,000	27.50 k	183,797
2 Nov 22	Lou Ferraro	Stock Option Common Stock	Grant	Acquire A	No	No	1.1	25,000	27.50 k	25,000
9 Aug 22	Lou Ferraro	Common Stock	Grant	Acquire A	No	No	1.65	25,000	41.25 k	158,797
9 Aug 22	Lou Ferraro	Stock Option Common Stock	Grant	Acquire A	No	No	1.65	25,000	41.25 k	25,000
4 Aug 22	Christina Gabrys	Common Stock	Sell	Dispose S	No	Yes	1.6	587	939.20	80,373
12 Jul 22	Miller Jeffrey George	Common Stock	Grant	Acquire A	No	No	1.16	418,301	485.23 k	794,401
12 Jul 22	Miller Jeffrey George	Stock Option Common Stock	Grant	Acquire A	No	No	1.16	418,301	485.23 k	418,301
8 Jul 22	Christopher K. Hill	Common Stock	Grant	Acquire A	No	No	1.19	163,399	194.44 k	392,664
8 Jul 22	Christopher K. Hill	Stock Option Common Stock	Grant	Acquire A	No	No	1.19	163,399	194.44 k	163,399