Synchronoss Cashes In On The Cloud And Mobile

By | August 26, 2014

Scalper1 News

Synchronoss Technologies might be seeing a slowdown in its main business — cellphone activations. But that has been offset by big growth in its other business: cloud storage for mobile users. The result is continued strong growth overall, sending Synchronoss stock rising 39% this year. The stock’s big jumps came after the company issued Q2 earnings on July 29 (up 15%) and Q4 earnings on Feb. 6 (up 18%). The company soundly beat Wall Street Scalper1 News

Scalper1 News