Synchronoss Technologies

Synchronoss Technologies (NASDAQ: SNCR) is the mobile innovation leader that provides personal cloud solutions and software-based activation for connected devices across the globe. The company’s proven and scalable technology solutions allow customers to connect, synchronize and activate connected devices and services that empower enterprises and consumers to live in a connected world.
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
Dublin, IE
42 Pearse St
Düsseldorf, DE
92 A Königsallee
Paris, FR
36 Rue Brunel
Melbourne, AU
25 459 Collins St
Bengaluru, IN
12 Bannerghatta Rd
Galway Technology Park, IE
Level One Block 8
Seattle, US
101 Stewart St
Dallas, US
700 3131 Mc Kinney Ave
Fairport, US
6 N Main St
Chicago, US
430 8600 W Bryn Mawr Ave
Englewood, US
9635 Maroon Cir
San Jose, US
60 S Market St
Tucson, US
2425 E Medina Rd
Bethlehem, US
1555 Spillman Dr

Synchronoss Technologies Metrics

Synchronoss Technologies Financial Metrics

Synchronoss Technologies's revenue was reported to be $476.8 m in FY, 2016 which is a 18% decrease from the previous period.

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 (19-May-2017)

$595.5 m

Closing share price (19-May-2017)

$13.4

Cash (31-Dec-2016)

$181 m
Synchronoss Technologies's current market capitalization is $595.5 m.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$349 m$457.3 m$578.8 m$476.8 m

Revenue growth, %

31%27%(18%)

Cost of goods sold

$146.2 m$184.4 m$239.1 m$194.2 m

Gross profit

$202.8 m$272.9 m$339.8 m$282.6 m

Gross profit Margin, %

58%60%59%59%

R&D expense

$64.8 m$73.6 m

General and administrative expense

$62.1 m$79.2 m

Operating expense total

$314.2 m$395 m$260.2 m$548.6 m

EBIT

$34.9 m$62.3 m$79.6 m

EBIT margin, %

10%14%14%

Interest expense

$1.1 m$3 m$5.7 m$7 m

Interest income

$557 k$838 k$2 m$2.4 m

Pre tax profit

$34.6 m$60.6 m$76.3 m

Income tax expense

$11.2 m$21.7 m($29.6 m)$8 m

Net Income

$23.4 m$38.9 m$46.7 m$8 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$63.5 m$236 m$147.6 m$181 m

Accounts Receivable

Inventories

Current Assets

$161.6 m$441.9 m$406.9 m$364.5 m

PP&E

$106.1 m$151.2 m$168.3 m$155.6 m

Goodwill

$137.7 m$147.1 m$221.3 m$269.9 m

Total Assets

$527 m$862.8 m$1 b$1.2 b

Accounts Payable

$9.5 m$25.1 m$26 m$15.8 m

Current Liabilities

$62.8 m$87.6 m$80.2 m$153.6 m

Additional Paid-in Capital

$393.6 m$454.7 m$512.8 m$575.1 m

Retained Earnings

$121.8 m$160.7 m$201.3 m$220.5 m

Total Equity

$447.6 m$529.1 m$609.8 m$657.1 m

Financial Leverage

1.2 x1.6 x1.7 x1.8 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$23.4 m$38.9 m$46.7 m$8 m

Depreciation and Amortization

$41.1 m$56 m$72.2 m$99.3 m

Accounts Receivable

Inventories

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

Accounts Payable

$348 k$4.2 m$6.2 m($11.1 m)

Cash From Operating Activities

$81.1 m$71 m$117.6 m$142.6 m

Cash From Investing Activities

($73.7 m)($153 m)($226.1 m)($99.4 m)

Cash From Financing Activities

$20.1 m$254.3 m$20.5 m($9 m)

Interest Paid

$168 k$2.3 m$5.8 m$4.7 m

Income Taxes Paid

$1.8 m$19.3 m$29.9 m
Y, 2016

Financial Leverage

1.8 x

Synchronoss Technologies Market Value History

Synchronoss Technologies Median Salaries

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

Synchronoss Technologies Online Presence

Synchronoss Technologies News

Synchronoss Technologies Company Life

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