Syniverse Holdings Inc. (SVR) reported third-quarter net income attributable to the company of $17.74 million or $0.26 per share compared to $25.47 million or $0.37 per share last year.
Adjusted net income decreased to $25.919 million or $0.38 per share from $31.861 million or $0.47 per share a year ago.
Cash net income decreased to $28.220 million or $0.41 per share from $34.162 million or $0.50 per share a year ago.
On average, 10 analysts polled by Thomson Reuters expected the company to report profit of $0.41 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues decreased to $116.662 million from $137.169 million last year. Analysts expected revenue of $122.11 million for the quarter.
The company expects fiscal 2009 net revenues to be in the range of $466 million-$472 million. Net income is expected to be in the range of $59.5 million-$64 million. Cash net income is expected to be in the range of $98.5 million-$103 million.
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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.