Tag Archives: sncr

Demandware, Not Synchronoss, Is ‘Top Pick’ For ’16

Synchronoss Technologies (SNCR), a maker of software that helps telecom companies manage their customers, may look like the better investment at first glance, but e-commerce software maker Demandware (DWRE) made the cut as FBR’s “Top Pick for 2016.” Both companies, however, got high marks from the investment bank, which included them in its research team’s “pockets of opportunity” for 2016. The cloud software companies got high marks despite not

Synchronoss Sale Report Follows Cloudy Outlook

A report that Synchronoss Technologies (SNCR) could be sold to a private equity comes a month after the company rebounded from a weaker-than-expected outlook it gave earlier this year for its fast-growing cloud business. The stock for the leading provider of mobile activation and cloud services for mobile operators soared 18.9% to 50.56 in afternoon trading on the stock market today following a report late Tuesday by the Wall Street Journal that

Synchronoss Cloud Growth Ahead Of Company’s Guidance

Synchronoss Technologies got its cloud trajectory back on track last quarter. The tech services provider early Wednesday reported first-quarter earnings that beat analyst estimates as it rebounds from a lighter-than-expected 2015 forecast for its fast-growing cloud business. The company’s outlook for the current quarter and revised forecast for the year also exceeded Wall Street views. Synchronoss Technologies (SNCR) stock rose as much as 5.6%