Synchronoss Technologies (SNCR: Quote) reported fourth quarter adjusted EPS of $0.29 after the close Thursday, down from $0.34 in the prior year period. The consensus estimate was for EPS of $0.25.
Synchronoss Technologies gapped up sharply Friday and climbed during the first 2 hours of trade. The stock finished with a gain of 4.81 at $29.36, with volume at a 6-month high. Synchronoss Technologies has been on an upward trend for over 2 months and surged to a 9-month high.
by RTT Staff Writer
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