Company

Synchronoss Technologies

Ticker Symbol

SNCR

SNCR Investor Meetings in Richmond

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Richmond

Attending

Stephen G. Waldis, CEO

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Business Summary

Synchronoss Technologies, Inc. provides cloud solutions and software-based activation for connected devices worldwide. The companys services include intelligent connectivity management and content synchronization, backup, and sharing service procurement, as well as provisioning, activation, and support services that enable communications service providers, cable operators/multi-services operators, original equipment manufacturers with embedded connectivity, multi-channel retailers, and other customers to accelerate and monetize value-add services for connected devices. Its Activation Services, Synchronoss Personal Cloud, Synchronoss WorkSpace, and Integrated Life platforms provide automated on-demand, end-to-end order processing, transaction management, service provisioning, device activation, intelligent connectivity and content transfer, synchronization, and social media, as well as enterprise-wide sharing/collaboration through multiple channels, including e-commerce, m-commerce, telesales, enterprise, indirect, and retail outlets. The company markets and sells its services through direct sales force and strategic partners. Synchronoss Technologies, Inc. was founded in 2000 and is headquartered in Bridgewater, New Jersey.

Valuation Measures

Market Cap	2.07B
Enterprise Value	1.98B
Trailing P/E	49.95
Price/Sales (ttm)	4.03
Price/Book (mrq)	3.71
Enterprise Value/Revenue (ttm)	4.03
Enterprise Value/EBITDA (ttm)	14.89

Share Statistics

Avg Vol (3 month)	473,312
Avg Vol (10 day)	563,525
Shares Outstanding	43.28M
Float	37.61M
% Held by Insiders1	18.28%
% Held by Institutions1	81.90%
Shares Short (as of Nov 14, 2014)	5.15M
Return on Assets (ttm)	6.83%
Return on Equity (ttm)	8.36%
Fiscal Year Ends	Dec-15
Most Recent Quarter (mrq)	Mar-15

Estimates

Estimates	Current Year	Next Year
	Dec-15	Dec-15
Earnings Est	2.13	2.57
Revenue Est	577.24M	674.42M

Key Executives

0	Mr. Stephen G. Waldis , 47
1	Founder, Exec. Chairman, Chief Exec. Officer and Member of Bus. Devel. Committee
2	Mr. Robert Garcia , 46
3	Pres and Chief Operating Officer
4	Mr. James M. McCormick , 55
5	Founder and Director
6	Ms. Karen L. Rosenberger , 49
7	Chief Financial Officer, Exec. VP and Treasurer
8	Mr. Daniel W. Rizer , 51
9	Exec. VP of Product Management, Marketing & Bus. Devel.

Income statement (Annual)

Period Ending	29.09.2012	28.09.2013	27.09.2014
Total Revenue	273,692	349,047	457,314
Cost of Revenue	115,670	146,238	184,414
Gross Profit	158,022	202,809	272,900
Operating Expenses	52,307	64,845	73,620
Research Development	40,445	56,772	81,026
Selling General and Administrative	-	5,172	-
Non Recurring	23,812	41,126	55,956
Others	0	0	0
Total Operating Expenses	-	167,915	-
Operating Income or Loss	41,458	34,894	62,298
Income from Continuing Operations
Total Other Income/Expenses Net	2,204	774	1,279
Earnings Before Interest And Taxes	43,662	35,668	63,577
Interest Expense	998	1,089	3,003
Income Before Tax	42,664	34,579	60,574
Income Tax Expense	15,581	11,228	21,679
Minority Interest	-	-	-
Net Income From Continuing Ops	27,083	23,351	38,895
Non-recurring Events
Discontinued Operations	-	-	-
Extraordinary Items	-	-	-
Effect Of Accounting Changes	-	-	-
Other Items	-	-	-
Net Income	27,083	23,351	38,895
Preferred Stock And Other Adjustments	-	-	-
Net Income Applicable To Common Shares	27,083	23,351	38,895

Income statement (Quarterly)

Period Ending	27.09.2014	27.12.2014	28.03.2015	27.06.2015
Total Revenue	103,451	125,175	130,211	132,926
Cost of Revenue	41,290	50,497	52,648	53,655
Gross Profit	62,161	74,678	77,563	79,271
Operating Expenses
Research Development	17,304	21,057	19,718	22,024
Selling General and Administrative	17,264	21,736	23,690	20,883
Non Recurring	-	-	-	3,240
Others	13,758	16,268	13,664	14,835
Total Operating Expenses	-	-	-	60,982
Operating Income or Loss	13,835	15,617	20,491	18,289
Income from Continuing Operations
Total Other Income/Expenses Net	318	329	-213	480
Earnings Before Interest And Taxes	14,153	15,946	20,278	18,769
Interest Expense	279	1,132	1,172	1,342
Income Before Tax	13,874	14,814	19,106	17,427
Income Tax Expense	5,509	5,488	5,486	6,866
Minority Interest	-	-	-	-
Net Income From Continuing Ops	8,365	9,326	13,620	10,561
Non-recurring Events
Discontinued Operations	-	-	-	-
Extraordinary Items	-	-	-	-
Effect Of Accounting Changes	-	-	-	-
Other Items	-	-	-	-
Net Income	8,365	9,326	13,620	10,561
Preferred Stock And Other Adjustments	-	-	-	-
Net Income Applicable To Common Shares	8,365	9,326	13,620	10,561

Peer Comparison

	AAPL	BBRY	GOOG	HPQ	Industry
Market Cap	2.07B	9.07B	1.02B	1.71B	282.89M
Employees	1,804	22,546	3,448	1,576	590
Qtrly Rev Growth (yoy)	35.0%	1.0%	-1.0%	9.0%	31.0%
Revenue (ttm)	491.76M	3.61B	748.89M	985.08M	68.38M
Gross Margin (ttm)	60.0%	36.0%	48.0%	74.0%	66.0%
EBITDA (ttm)	133.10M	699.97M	122.13M	380.06M	-982.15K
Operating Margin (ttm)	15.0%	15.0%	12.0%	29.0%	-13.0%
Net Income (ttm)	41.87M	457.58M	36.63M	178.23M	N/A
EPS (ttm)	0.96	2.88	1.10	3.07	N/A
P/E (ttm)	49.95	20.38	28.27	10.05	36.22
PEG (5 yr expected)	1.12	2.68	2.95	0.65	0.75
P/S (ttm)	4.03	2.49	1.26	1.63	3.55

Upcoming Events

Date	Event
Oct 26 - Oct 30, 2015 (Est.)	Earnings announcement

Recent Events

Date	Event
7/31/2015	SYNCHRONOSS TECHNOLOGIES INC Files SEC form 10-Q, Quarterly Report
7/29/2015	SYNCHRONOSS TECHNOLOGIES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements
7/29/2015	Synchronoss Technologies Inc Earnings Call scheduled for 830 am ET today
5/15/2015	SYNCHRONOSS TECHNOLOGIES INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
5/1/2015	SYNCHRONOSS TECHNOLOGIES INC Files SEC form 10-Q, Quarterly Report
4/29/2015	SYNCHRONOSS TECHNOLOGIES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements
4/29/2015	Synchronoss Technologies Inc Earnings Call scheduled for 830 am ET today
2/25/2015	SYNCHRONOSS TECHNOLOGIES INC Files SEC form 10-K, Annual Report

Major Direct Holders

Major Direct Holders	Shares	Reported
MCCORMICK JAMES M	2,191,144	Feb-15
WALDIS STEPHEN G	616,285	Jul-15
CADOGAN WILLIAM J	233,768	Jan-15
IRVING LAWRENCE R.	98,554	Mar-14
GARCIA ROBERT	84,122	Jul-15

Top Institutional Holders

Top Institutional Holders	Shares	% Out	Value*	Reported
Vanguard Group, Inc. (The)	2,437,162	5.63	115,667,706	Mar-15
BlackRock Fund Advisors	2,208,467	5.10	104,813,841	Mar-15
Wells Fargo & Company	2,040,060	4.71	96,821,245	Mar-15
Oak Ridge Investments, LLC	1,871,252	4.32	88,809,618	Mar-15
Royal Bank of Canada	1,795,672	4.15	85,222,591	Mar-15
BlackRock Institutional Trust Company, N.A.	898,588	2.08	42,646,985	Mar-15
Lord Abbett & Co	879,697	2.03	41,750,418	Mar-15
FMR, LLC	6,244,574	14.43	296,367,475	Mar-15
Dimensional Fund Advisors LP	751,699	1.74	35,675,633	Mar-15
LMCG Investments, LLC	725,478	1.68	34,431,185	Mar-15

Balance sheet (Annual)

Period Ending	29.09.2012	28.09.2013	27.09.2014
Cash And Cash Equivalents	36,028	63,512	235,967
Short Term Investments	20,188	9,105	51,097
Net Receivables	79,094	69,559	119,846
Inventory	-	-	-
Other Current Assets	24,012	19,451	35,023
Total Current Assets	159,322	161,627	441,933
Long Term Investments	653	4,988	3,313
Property Plant and Equipment	58,162	106,106	151,171
Goodwill	127,322	137,743	147,135
Intangible Assets	110,760	101,963	99,489
Accumulated Amortization	-	-	-
Other Assets	3,482	10,382	18,549
Deferred Long Term Asset Charges	6,961	4,210	1,232

Total Assets	466,662	527,019	862,822

Liabilities
Current Liabilities
Accounts Payable	50,638	47,447	67,716
Short/Current Long Term Debt	-	-	-
Other Current Liabilities	24,233	15,394	19,919
Total Current Liabilities	74,871	62,841	87,635
Long Term Debt	9,540	9,252	239,204
Other Liabilities	7,594	7,287	3,178
Deferred Long Term Liability Charges	-	-	3,698
Minority Interest	-	-	-
Negative Goodwill	-	-	-

Total Liabilities	92,005	79,380	333,715

Stockholders' Equity
Misc Stocks Options Warrants	-	-	-
Redeemable Preferred Stock	-	-	-
Preferred Stock	-	-	-
Common Stock	4	4	4
Retained Earnings	98,467	121,818	160,713
Treasury Stock	-67,918	-67,104	-66,336
Capital Surplus	344,469	393,644	454,740
Other Stockholder Equity	-365	-723	-20,014
Total Stockholder Equity	374,657	447,639	529,107

Net Tangible Assets	136,575	207,933	282,483

Balance sheet (Quarterly)

Period Ending	27.09.2014	27.12.2014	28.03.2015	27.06.2015
Cash And Cash Equivalents	66,940	265,623	235,967	152,487
Short Term Investments	13,540	37,626	51,097	54,955
Net Receivables	90,461	112,881	119,846	141,134
Inventory	-	-	-	-
Other Current Assets	24,705	24,659	35,023	30,775
Total Current Assets	195,646	440,789	441,933	379,351
Long Term Investments	3,582	1,800	3,313	2,321
Property Plant and Equipment	102,696	130,623	151,171	160,252
Goodwill	140,282	151,055	147,135	173,367
Intangible Assets	99,808	107,350	99,489	109,766
Accumulated Amortization	-	-	-	-
Other Assets	9,413	19,830	18,549	18,532
Deferred Long Term Asset Charges	4,150	5,596	1,232	2,903

Total Assets	555,577	857,043	862,822	846,492

Liabilities
Current Liabilities
Accounts Payable	37,240	89,997	67,716	46,605
Short/Current Long Term Debt	-	-	-	-
Other Current Liabilities	18,895	19,529	19,919	11,957
Total Current Liabilities	56,135	109,526	87,635	58,562
Long Term Debt	9,258	239,226	239,204	244,055
Other Liabilities	3,577	3,579	3,178	2,781
Deferred Long Term Liability Charges	-	-	3,698	5,955
Minority Interest	-	-	-	-
Negative Goodwill	-	-	-	-

Total Liabilities	68,970	352,331	333,715	311,353

Stockholders' Equity
Misc Stocks Options Warrants	-	-	-	-
Redeemable Preferred Stock	-	-	-	-
Preferred Stock	-	-	-	-
Common Stock	4	4	4	4
Retained Earnings	137,767	147,093	160,713	171,274
Treasury Stock	-66,770	-66,336	-66,336	-65,969
Capital Surplus	415,827	436,503	454,740	469,312
Other Stockholder Equity	-221	-12,552	-20,014	-39,482
Total Stockholder Equity	486,607	504,712	529,107	535,139

Net Tangible Assets	246,517	246,307	282,483	252,006

Address

company	200 Crossing Boulevard
address	8th Floor
city_state_zip	Bridgewater, NJ 08807
phone	866-620-3940

Business Summary
Valuation Measures
Share Statistics
Estimates
Key Executives
Income statement (Annual)
Income statement (Quarterly)
Peer Comparison
Upcoming Events
Recent Events
Major Direct Holders
Top Institutional Holders
Balance sheet (Annual)
Balance sheet (Quarterly)

Company

Ticker Symbol

SNCR Investor Meetings in Richmond

1x1’s (Roadshow)

City

Attending

Posted By

Agenda

Meeting Attachments

Location

Contact Person

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This Meeting Has Been Viewed 3900 Times

Available Time Slots in Richmond VA

Business Summary

Valuation Measures

Share Statistics

Estimates

Key Executives

Income statement (Annual)

Income statement (Quarterly)

Peer Comparison

Upcoming Events

Recent Events

Major Direct Holders

Top Institutional Holders

Balance sheet (Annual)

Balance sheet (Quarterly)

Address

Business Summary

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To Get Access.