Synchronoss Technologies (SNCR) 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.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.