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Synchronoss Technologies (SNCR) Is Up Sharply After Q2 Report

Synchronoss Technologies (SNCR) reported a second quarter non-GAAP loss of $0.48 per share after the bell Thursday, compared to the profit of $0.24 per share last year.

The company also announced that it has appointed David Clark as Chief Financial Officer, effective immediately.

Synchronoss Technologies has spiked to the upside in early trade Friday and is now up 0.86 at $5.00. The stock has broken out to over a 1-week high.

by RTTNews Staff Writer

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