Synchronoss Technologies

Synchronoss Technologies is a global software and services company that provides essential technologies and services for the mobile transformation of business. The Company's portfolio, which is targeted at the Consumer and Enterprise markets, contains offerings such as personal cloud, secure-mobility, identity management and scalable messaging platforms, products, and solutions. Synchronoss' customers can simplify the processes associated with managing the customer experience for procuring, activating, connecting, backing up, synchronizing and sharing/collaborating with connected devices and contents from these devices and associated services.

Type
Public
HQ
Bridgewater, US
Founded
2000
Size (employees)
1,765 (est)-6%
Synchronoss Technologies was founded in 2000 and is headquartered in Bridgewater, US

Synchronoss Technologies Office Locations

Synchronoss Technologies has offices in Bridgewater, Bethlehem, Tucson, San Jose and in 11 other locations
Bridgewater, US (HQ)
200 Crossing Boulevard 8th Floor
Bethlehem, US
1555 Spillman Dr
Englewood, US
9635 Maroon Cir
San Jose, US
60 S Market St
Tucson, US
2425 E Medina Rd
Galway Technology Park, IE
Level One Block 8
Show all (15)

Synchronoss Technologies Financials and Metrics

Synchronoss Technologies Financials

Synchronoss Technologies's revenue was reported to be $476.8 m in FY, 2016
USD

Revenue (FY, 2016)

476.8 m

Revenue growth (FY, 2015 - FY, 2016), %

(18%)

Gross profit (FY, 2016)

282.6 m

Gross profit margin (FY, 2016), %

59%

Net income (FY, 2016)

8 m

Market capitalization (08-Dec-2017)

403.5 m

Cash (31-Dec-2016)

181 m
Synchronoss Technologies's current market capitalization is $403.5 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

349 m457.3 m578.8 m476.8 m

Revenue growth, %

31%27%(18%)

Cost of goods sold

146.2 m184.4 m239.1 m194.2 m

Gross profit

202.8 m272.9 m339.8 m282.6 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

137.8 m150.9 m142.7 m157.6 m176.4 m

Cost of goods sold

54.9 m63.4 m68.3 m77.2 m

Gross profit

82.9 m87.4 m74.4 m99.2 m

Gross profit Margin, %

60%58%52%56%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

63.5 m236 m147.6 m181 m

Current Assets

161.6 m441.9 m406.9 m364.5 m

PP&E

106.1 m151.2 m168.3 m155.6 m

Goodwill

137.7 m147.1 m221.3 m269.9 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

37.1 m47.3 m66.9 m265.6 m152.5 m176.1 m143.4 m113.1 m111 m123.3 m

Current Assets

161.5 m175.1 m195.6 m440.8 m379.4 m426.8 m404.4 m390.3 m385.6 m405.8 m

PP&E

95.8 m104.2 m102.7 m130.6 m160.3 m164.1 m168.8 m162 m167.1 m168.1 m

Goodwill

126 m137.4 m140.3 m151.1 m173.4 m175.6 m187 m310.9 m317.6 m315.2 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

23.4 m38.9 m46.7 m8 m

Depreciation and Amortization

41.1 m56 m72.2 m99.3 m

Inventories

8 m(15 m)(8.5 m)12.6 m

Accounts Payable

348 k4.2 m6.2 m(11.1 m)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

7.5 m7.6 m15.9 m25.3 m10.6 m25.7 m35.4 m(10.5 m)(7.3 m)4.8 m

Depreciation and Amortization

28.8 m12.3 m26 m42.3 m14.8 m31.5 m51.2 m24.1 m25.3 m24.7 m

Accounts Payable

2.7 m(3.4 m)(2.2 m)8.3 m106 k2.9 m106 k33.2 m35.2 m28.7 m

Cash From Operating Activities

33.4 m(11.4 m)19.2 m45 m(135 k)41.8 m56.4 m
Y, 2016

Financial Leverage

1.8 x
Show all financial metrics

Synchronoss Technologies Operating Metrics

FY, 2014FY, 2015FY, 2016

Patents Issued

100120100

Daily Data Connections

7 m7 m

Registered Devices

65 m65 m
Show all operating metrics

Synchronoss Technologies Market Value History

Synchronoss Technologies Median Salaries

Source: 112 public H-1B filings from Synchronoss Technologies

Synchronoss Technologies's Web-traffic and Trends

Synchronoss Technologies Online and Social Media Presence

Synchronoss Technologies Company Life and Culture

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