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 Data and 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.
Numbers are in $, 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 (21-Jun-2017)

468.4 m

Closing share price (21-Jun-2017)

10.2

Cash (31-Dec-2016)

181 m
Synchronoss Technologies's current market capitalization is $468.4 m.
FY, 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

Gross profit Margin, %

58%60%59%59%

R&D expense

64.8 m73.6 m

General and administrative expense

62.1 m79.2 m

Operating expense total

314.2 m395 m260.2 m548.6 m

EBIT

34.9 m62.3 m79.6 m

EBIT margin, %

10%14%14%

Interest expense

1.1 m3 m5.7 m7 m

Interest income

557 k838 k2 m2.4 m

Pre tax profit

34.6 m60.6 m76.3 m

Income tax expense

11.2 m21.7 m(29.6 m)8 m

Net Income

23.4 m38.9 m46.7 m8 m
FY, 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

Total Assets

527 m862.8 m1 b1.2 b

Accounts Payable

9.5 m25.1 m26 m15.8 m

Current Liabilities

62.8 m87.6 m80.2 m153.6 m

Additional Paid-in Capital

393.6 m454.7 m512.8 m575.1 m

Retained Earnings

121.8 m160.7 m201.3 m220.5 m

Total Equity

447.6 m529.1 m609.8 m657.1 m

Financial Leverage

1.2 x1.6 x1.7 x1.8 x
FY, 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)

Cash From Operating Activities

81.1 m71 m117.6 m142.6 m

Cash From Investing Activities

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

Cash From Financing Activities

20.1 m254.3 m20.5 m(9 m)

Interest Paid

168 k2.3 m5.8 m4.7 m

Income Taxes Paid

1.8 m19.3 m29.9 m
Y, 2016

Financial Leverage

1.8 x

Synchronoss Technologies Operating Metrics

FY, 2014FY, 2015FY, 2016

Patents Issued

100C120B100A

Daily Data Connections

7E7D

Registered Devices

65G65F

Synchronoss Technologies Market Value History

Synchronoss Technologies Median Salaries

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

Synchronoss Technologies Online and Social Media Presence

Synchronoss Technologies News and Updates

Synchronoss Technologies Company Life and Culture

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