Synchronoss Technologies Inc
NASDAQ:SNCR
Income Statement
Earnings Waterfall
Synchronoss Technologies Inc
Revenue
|
164.2m
USD
|
Cost of Revenue
|
-42.2m
USD
|
Gross Profit
|
122m
USD
|
Operating Expenses
|
-128.6m
USD
|
Operating Income
|
-6.6m
USD
|
Other Expenses
|
-57.9m
USD
|
Net Income
|
-64.5m
USD
|
Income Statement
Synchronoss Technologies Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
349
N/A
|
369
+6%
|
389
+5%
|
424
+9%
|
457
+8%
|
492
+8%
|
526
+7%
|
552
+5%
|
373
-32%
|
318
-15%
|
301
-5%
|
270
-10%
|
426
+58%
|
434
+2%
|
432
0%
|
403
-7%
|
402
0%
|
400
-1%
|
358
-11%
|
350
-2%
|
326
-7%
|
330
+1%
|
331
+0%
|
300
-9%
|
309
+3%
|
298
-4%
|
296
0%
|
313
+6%
|
292
-7%
|
280
-4%
|
275
-2%
|
276
+0%
|
281
+2%
|
281
+0%
|
275
-2%
|
265
-4%
|
253
-5%
|
244
-3%
|
239
-2%
|
235
-2%
|
164
-30%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(146)
|
(154)
|
(160)
|
(172)
|
(184)
|
(198)
|
(212)
|
(225)
|
(155)
|
(147)
|
(141)
|
(126)
|
(195)
|
(195)
|
(194)
|
(191)
|
(182)
|
(180)
|
(172)
|
(170)
|
(159)
|
(153)
|
(147)
|
(139)
|
(150)
|
(147)
|
(143)
|
(136)
|
(122)
|
(115)
|
(113)
|
(111)
|
(109)
|
(105)
|
(100)
|
(96)
|
(92)
|
(87)
|
(87)
|
(82)
|
(42)
|
|
Gross Profit |
203
N/A
|
215
+6%
|
229
+6%
|
252
+10%
|
273
+8%
|
294
+8%
|
315
+7%
|
327
+4%
|
218
-33%
|
171
-22%
|
161
-6%
|
144
-10%
|
232
+61%
|
240
+3%
|
238
-1%
|
212
-11%
|
221
+4%
|
220
0%
|
186
-15%
|
180
-3%
|
167
-7%
|
177
+6%
|
184
+4%
|
161
-12%
|
158
-2%
|
151
-5%
|
154
+2%
|
177
+15%
|
170
-4%
|
165
-3%
|
163
-2%
|
165
+1%
|
172
+4%
|
176
+2%
|
174
-1%
|
169
-3%
|
161
-5%
|
157
-2%
|
152
-3%
|
153
+0%
|
122
-20%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(163)
|
(168)
|
(174)
|
(190)
|
(211)
|
(222)
|
(232)
|
(237)
|
(250)
|
(267)
|
(294)
|
(311)
|
(348)
|
(362)
|
(350)
|
(347)
|
(340)
|
(334)
|
(338)
|
(328)
|
(319)
|
(306)
|
(291)
|
(289)
|
(265)
|
(254)
|
(245)
|
(234)
|
(209)
|
(197)
|
(190)
|
(186)
|
(184)
|
(182)
|
(171)
|
(156)
|
(158)
|
(157)
|
(162)
|
(166)
|
(129)
|
|
Selling, General & Administrative |
(62)
|
(65)
|
(67)
|
(73)
|
(79)
|
(83)
|
(85)
|
(84)
|
(85)
|
(90)
|
(101)
|
(109)
|
(126)
|
(139)
|
(139)
|
(145)
|
(154)
|
(153)
|
(158)
|
(150)
|
(122)
|
(113)
|
(102)
|
(106)
|
(113)
|
(110)
|
(111)
|
(104)
|
(89)
|
(81)
|
(78)
|
(83)
|
(85)
|
(85)
|
(78)
|
(66)
|
(70)
|
(71)
|
(75)
|
(82)
|
(65)
|
|
Research & Development |
(65)
|
(64)
|
(65)
|
(69)
|
(74)
|
(80)
|
(85)
|
(88)
|
(93)
|
(97)
|
(102)
|
(109)
|
(115)
|
(114)
|
(107)
|
(97)
|
(91)
|
(86)
|
(86)
|
(83)
|
(79)
|
(78)
|
(77)
|
(77)
|
(76)
|
(76)
|
(76)
|
(78)
|
(77)
|
(75)
|
(73)
|
(67)
|
(64)
|
(63)
|
(59)
|
(57)
|
(56)
|
(55)
|
(56)
|
(54)
|
(47)
|
|
Depreciation & Amortization |
(41)
|
(44)
|
(49)
|
(55)
|
(56)
|
(59)
|
(61)
|
(65)
|
(71)
|
(79)
|
(87)
|
(90)
|
(106)
|
(107)
|
(107)
|
(107)
|
(95)
|
(94)
|
(94)
|
(94)
|
(118)
|
(115)
|
(111)
|
(106)
|
(77)
|
(68)
|
(58)
|
(52)
|
(43)
|
(41)
|
(40)
|
(36)
|
(35)
|
(34)
|
(34)
|
(34)
|
(32)
|
(31)
|
(30)
|
(30)
|
(17)
|
|
Other Operating Expenses |
5
|
5
|
6
|
6
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
(3)
|
(2)
|
(1)
|
(1)
|
2
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
40
N/A
|
47
+17%
|
55
+17%
|
62
+12%
|
62
+0%
|
71
+15%
|
83
+16%
|
90
+9%
|
(32)
N/A
|
(96)
-198%
|
(133)
-39%
|
(167)
-26%
|
(116)
+30%
|
(122)
-5%
|
(112)
+8%
|
(135)
-20%
|
(119)
+12%
|
(114)
+4%
|
(151)
-33%
|
(148)
+2%
|
(152)
-3%
|
(129)
+15%
|
(107)
+17%
|
(127)
-20%
|
(107)
+16%
|
(103)
+4%
|
(92)
+11%
|
(57)
+38%
|
(39)
+31%
|
(32)
+19%
|
(28)
+12%
|
(21)
+26%
|
(13)
+40%
|
(6)
+50%
|
3
N/A
|
13
+362%
|
3
-75%
|
1
-82%
|
(9)
N/A
|
(14)
-48%
|
(7)
+51%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(6)
|
(12)
|
(19)
|
(39)
|
(52)
|
(43)
|
(32)
|
(12)
|
(26)
|
(30)
|
(32)
|
(32)
|
(2)
|
(1)
|
2
|
4
|
5
|
2
|
2
|
(5)
|
(12)
|
(10)
|
(11)
|
(4)
|
(11)
|
(15)
|
(20)
|
(20)
|
(19)
|
|
Non-Reccuring Items |
(5)
|
0
|
0
|
0
|
0
|
(3)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(5)
|
(6)
|
(6)
|
(12)
|
(13)
|
(40)
|
(38)
|
(35)
|
(37)
|
(11)
|
(10)
|
(7)
|
(2)
|
0
|
(1)
|
(6)
|
(7)
|
(9)
|
(8)
|
(5)
|
(5)
|
(7)
|
(5)
|
(3)
|
(2)
|
1
|
1
|
(1)
|
(0)
|
(4)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
2
|
2
|
4
|
2
|
2
|
2
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
1
|
1
|
2
|
0
|
(0)
|
(0)
|
(1)
|
1
|
0
|
1
|
1
|
1
|
6
|
3
|
3
|
(18)
|
(18)
|
(16)
|
(29)
|
(75)
|
(79)
|
(79)
|
(66)
|
7
|
7
|
8
|
9
|
2
|
2
|
1
|
1
|
0
|
1
|
1
|
0
|
1
|
1
|
1
|
1
|
0
|
|
Pre-Tax Income |
35
N/A
|
48
+38%
|
56
+17%
|
62
+12%
|
61
-2%
|
65
+8%
|
74
+14%
|
80
+8%
|
(40)
N/A
|
(104)
-159%
|
(141)
-35%
|
(175)
-24%
|
(127)
+28%
|
(135)
-6%
|
(140)
-4%
|
(184)
-32%
|
(229)
-25%
|
(213)
+7%
|
(234)
-10%
|
(225)
+4%
|
(263)
-17%
|
(247)
+6%
|
(224)
+9%
|
(227)
-1%
|
(101)
+55%
|
(96)
+5%
|
(86)
+10%
|
(49)
+43%
|
(38)
+24%
|
(34)
+9%
|
(28)
+18%
|
(29)
-2%
|
(30)
-5%
|
(21)
+32%
|
(10)
+53%
|
8
N/A
|
(6)
N/A
|
(13)
-117%
|
(29)
-126%
|
(33)
-14%
|
(29)
+11%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(11)
|
(17)
|
(20)
|
(21)
|
(22)
|
(23)
|
(26)
|
(31)
|
2
|
25
|
32
|
47
|
33
|
26
|
23
|
32
|
41
|
32
|
35
|
24
|
18
|
19
|
22
|
10
|
(2)
|
9
|
15
|
34
|
27
|
15
|
7
|
5
|
7
|
7
|
6
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(5)
|
|
Income from Continuing Operations |
23
|
31
|
36
|
41
|
39
|
42
|
49
|
49
|
(38)
|
(80)
|
(109)
|
(129)
|
(94)
|
(108)
|
(117)
|
(152)
|
(188)
|
(181)
|
(200)
|
(201)
|
(245)
|
(227)
|
(202)
|
(217)
|
(104)
|
(87)
|
(71)
|
(16)
|
(10)
|
(19)
|
(21)
|
(24)
|
(23)
|
(14)
|
(3)
|
6
|
(8)
|
(16)
|
(32)
|
(36)
|
(34)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
3
|
6
|
9
|
15
|
15
|
15
|
13
|
9
|
8
|
6
|
5
|
9
|
7
|
5
|
6
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
|
Net Income (Common) |
23
N/A
|
31
+30%
|
36
+16%
|
41
+16%
|
39
-6%
|
42
+8%
|
49
+16%
|
49
+1%
|
3
-94%
|
(37)
N/A
|
(44)
-20%
|
(51)
-16%
|
12
N/A
|
(18)
N/A
|
(52)
-197%
|
(90)
-73%
|
(109)
-22%
|
(91)
+17%
|
(112)
-23%
|
(131)
-17%
|
(244)
-86%
|
(231)
+5%
|
(209)
+10%
|
(224)
-7%
|
(137)
+39%
|
(121)
+11%
|
(107)
+12%
|
(53)
+51%
|
(49)
+7%
|
(59)
-21%
|
(73)
-23%
|
(67)
+8%
|
(59)
+13%
|
(41)
+29%
|
(12)
+71%
|
(4)
+70%
|
(18)
-373%
|
(25)
-45%
|
(42)
-64%
|
(46)
-9%
|
(65)
-42%
|
|
EPS (Diluted) |
0.58
N/A
|
0.76
+31%
|
0.87
+14%
|
0.93
+7%
|
0.9
-3%
|
0.88
-2%
|
1.03
+17%
|
1.02
-1%
|
0.07
-93%
|
-0.84
N/A
|
-1.01
-20%
|
-1.17
-16%
|
0.27
N/A
|
-0.39
N/A
|
-1.16
-197%
|
-1.99
-72%
|
-2.44
-23%
|
-2.15
+12%
|
-2.82
-31%
|
-3.3
-17%
|
-6.04
-83%
|
-5.73
+5%
|
-5.12
+11%
|
-5.47
-7%
|
-3.36
+39%
|
-2.92
+13%
|
-2.55
+13%
|
-1.23
+52%
|
-1.16
+6%
|
-1.39
-20%
|
-1.65
-19%
|
-0.78
+53%
|
-0.9
-15%
|
-0.48
+47%
|
-0.14
+71%
|
-0.04
+71%
|
-0.2
-400%
|
-0.28
-40%
|
-0.47
-68%
|
-0.52
-11%
|
-6.62
-1 173%
|