$Synchronoss Technologies (SNCR.US)$ Synchronoss Launches Enhanced Version of Personal Cloud Solution at CES 2025 Purpose-Built for Service Providers Tuesday, 7th January at 8:05 am BRIDGEWATER, N.J., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. ("Synchronoss" or the "Company") (NASDAQ: SNCR), a global leader and innovator in personal cloud platforms, today announced the launch of the next-generation Synchronoss Personal Cloud™ platform at CES 2025 in Las Vegas. Availabl...
$Synchronoss Technologies (SNCR.US)$ Synchronoss Announces Three-Year Contract Extension with Major U.S Telecom Provider Synchronoss Technologies (NASDAQ: SNCR) has secured a three-year contract extension with a major U.S. telecom provider for its Personal Cloud platform. The platform enables subscribers to securely backup, manage, and share content across devices. The latest version integrates AI functionality, offering enhanced capabilities for digital content management. The Synchronoss Pe...
Despite Synchronoss Technologies' share surge, its low P/S ratio persists due to predicted revenue decline. Its poor outlook, contrasting with industry peers' growth forecasts, justifies the low P/S ratio. Without significant change, a drastic stock price rise seems unlikely.
Rendino believes that SNCR is undervalued and will grow after the sale of non-core assets and extension of its contract with Verizon. Synchronoss CEO and Founder think Kevin's financial expertise could guide the company to sustainable, profitable growth.
Synchronoss Technologies' revised revenue forecast signals pessimism for the next year. Its projected sales drop contrasts the industry's expected 12% annual growth, raising investor caution about its future performance.
Synchronoss Technologies' future remains uncertain due to its disappointing revenue forecast and plummeting share price. Limited growth expectations contribute to its low price-to-sales ratio, and without clear signs of revenue enhancement, share price growth appears unlikely.
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Synchronoss Technologies Stock Discussion
Synchronoss Launches Enhanced Version of Personal Cloud Solution at CES 2025 Purpose-Built for Service Providers
Tuesday, 7th January at 8:05 am
BRIDGEWATER, N.J., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. ("Synchronoss" or the "Company") (NASDAQ: SNCR), a global leader and innovator in personal cloud platforms, today announced the launch of the next-generation Synchronoss Personal Cloud™ platform at CES 2025 in Las Vegas.
Availabl...
Synchronoss Announces Three-Year Contract Extension with Major U.S Telecom Provider
Synchronoss Technologies (NASDAQ: SNCR) has secured a three-year contract extension with a major U.S. telecom provider for its Personal Cloud platform. The platform enables subscribers to securely backup, manage, and share content across devices. The latest version integrates AI functionality, offering enhanced capabilities for digital content management.
The Synchronoss Pe...
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