Welcome to our dedicated page for Synchronoss Technologies news (Ticker: SNCR), a resource for investors and traders seeking the latest updates and insights on Synchronoss Technologies stock.
Synchronoss Technologies Inc. provides personal cloud platforms and SaaS cloud software for telecom operators and other service providers. Company news centers on Synchronoss Personal Cloud, Capsyl deployments, cloud storage and content-management features, and customer programs with mobile network operators such as Telkomsel.
Coverage also includes product launches such as Jelly Toast in India, platform enhancements for backup, sync, privacy, sharing, document scanning, AI-powered content tools, operating results reported before the acquisition, leadership changes, and the completed Lumine Group acquisition that ended Nasdaq trading in Synchronoss common stock.
Synchronoss (SNCR) announced that Globe Telecom in the Philippines will offer Synchronoss Personal Cloud to over 54 million customers. The white-label service provides secure backup, synchronization, and management of photos, videos, files, plus Genius AI photo tools and a Space Saver feature.
Globe will launch a 50GB entry-tier cloud offer with a 90-day introductory trial, then premium plans from 50GB to 2TB, available as standalone add-ons or bundled offers for select customer segments.
Synchronoss (NASDAQ: SNCR) appointed Pat Doran as Chief Executive Officer effective March 26, 2026, following the company’s acquisition by Lumine Group. Doran succeeds Jeff Miller and Lou Ferraro, who stepped down after the transaction closed. The company is reorganizing internally to align structure with operating priorities and continue delivering its personal cloud platform to global telecom partners. Further leadership and organizational updates will be shared as appropriate.
Synchronoss (NASDAQ:SNCR) launched Jelly Toast in India on March 3, 2026, a mobile‑first app for group celebrations that creates invites, collects photos, and stores event memories in one place. Features include browser join links (no download), real‑time uploads, and three plans: Free, Event Pro, and Memory Saver. The rollout begins in Bangalore with expansion to Mumbai and Delhi planned later in 2026.
Synchronoss (NASDAQ:SNCR) said Telkomsel is expanding its Capsyl Cloud deployment across premium tiers and prepaid perks, with commercial availability targeted for 2026.
Since the March 2025 launch, Telkomsel added a 50GB perk in June 2025 and 100GB/200GB premium tiers in September 2025; Q1 2026 will add more prepaid bundles and enhancements to deepen subscriber engagement.
Synchronoss Technologies (Nasdaq: SNCR) has been acquired by Lumine Group in an all-cash transaction valuing Synchronoss at an implied equity value of $116.4 million and an enterprise value of $258.4 million. The acquisition closed on Feb 13, 2026, and Synchronoss common stock will cease trading and be delisted from Nasdaq. Stockholders approved the deal at a Special Meeting on Feb 12, 2026. Financial and legal advisors to the parties were disclosed.
Synchronoss (NASDAQ: SNCR) announced product updates and previews at CES 2026, showcasing expanded capabilities for its white-label Synchronoss Personal Cloud and momentum for its turnkey hosted solution Capsyl. Enhancements strengthen content management, cross-device backup and sync, and cloud intelligence, and add privacy/security controls such as locked folders, granular sharing permissions, and integrated document scanning.
Capsyl marks its 1‑year market anniversary and is expanding beyond mobile to support fixed broadband, multi‑device households, and integrated security use cases. Synchronoss also previewed an event‑based group experience app built on its cloud to aggregate photos and videos for shared events, targeted for direct consumers and partner distribution.
Synchronoss Technologies (Nasdaq: SNCR) agreed to be acquired by Lumine Group in an all-cash deal valuing the company at an implied equity value of approximately $116.4 million and an enterprise value of about $258.4 million. Shareholders will receive $9.00 per share in cash, a premium of ~70% to the December 3, 2025 closing price. The Board unanimously approved the agreement and the transaction is expected to close in the first half of 2026, subject to shareholder approval, regulatory clearance and customary conditions.
Approximately 21% of outstanding shares are committed to vote in favor; Synchronoss will be delisted from Nasdaq upon closing and is expected to remain headquartered in Bridgewater, New Jersey.
Synchronoss Technologies (NASDAQ: SNCR) reported Q3 2025 results for the quarter ended September 30, 2025. Key financials: Revenue $42.0M with 93.8% recurring revenue, Net income $5.8M and Diluted EPS $0.51, Adjusted EBITDA $12.0M, and Free cash flow $35.9M. The company received a $33.9M CARES Act tax refund, used to materially reduce net debt to ~2.7x anticipated FY25 adjusted EBITDA and lower annual interest by ~$2.8M. Cash and cash equivalents were $34.8M at quarter end.
Outlook: 2025 revenue guidance of $169–172M, adjusted EBITDA of $50–53M (≥30% margin), adjusted gross margin 78%–80%, and free cash flow guidance of $6–10M. The company reiterated expectations to add a new cloud customer in 2025 and a new tier 1 customer in H1 2026.
Synchronoss (Nasdaq: SNCR) will hold a third quarter 2025 earnings conference call on Tuesday, November 4, 2025 at 4:30 p.m. ET (1:30 p.m. PT) to discuss results for the quarter ended September 30, 2025. A press release with financial results will be issued before the call.
The call will be hosted by Synchronoss management and include a Q&A. Dial-in numbers are 877-451-6152 (U.S.) and 201-389-0879 (international) with Conference ID 13755797. The call will be broadcast live via the company’s Investor Relations website.
Synchronoss Technologies (NASDAQ: SNCR) reported Q2 2025 financial results with revenue of $42.5 million, down from $43.5 million year-over-year, with 92.6% recurring revenue. The company posted a net loss of $19.6 million, impacted by $12.5 million in non-cash foreign exchange losses.
Key highlights include 2.0% cloud subscriber growth, closure of a $200 million four-year term loan, and receipt of a $33.9 million CARES Act tax refund. The company signed an agreement with SoftBank to integrate their cloud storage solution. Synchronoss reaffirmed its 2025 guidance, projecting revenue between $170-180 million and adjusted EBITDA of $52-56 million.