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Technology Stocks : Synchronoss

SNCR 5.550

+5.7%

Nov 3 3:59 PM EST

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From: JakeStraw	4/29/2015 8:30:33 AM
	of 23

Synchronoss Technologies, Inc. Announces First Quarter 2015 Financial Results finance.yahoo.com Non-GAAP total revenue of $133.1 million increases 35% year-over-year Cloud Services revenue of $71.3 million increases 63% year-over-year Activation Services revenue of $61.8 million increases 12% year-over-year Non-GAAP EPS of $0.49 increases 26% year-over-year “Synchronoss delivered a strong start to 2015, highlighted by first quarter results that were at or above the high end of expectations,” said Stephen G. Waldis, Founder and Chief Executive Officer of Synchronoss. “During the quarter, both sides of our business contributed to the strong performance, particularly our Cloud Services, which grew by 63% year-over-year. Mobile Operators around the world are capitalizing on the success of how personal cloud can drive important benefits to their valuable subscribers. We are pleased with our successful formula for helping our customers gain adoption and success with our personal cloud platform.”

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