{"schema_version":"secwatch.filing_event.v1","accession":"0001131554-24-000052","form_type":"8-K","ticker":null,"cik":"0001131554","company_name":"SYNCHRONOSS TECHNOLOGIES INC","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.398002+00:00","generated_at":"2026-06-02T16:07:11.341185+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Synchronoss Q1 revenue $43M, net income $2.3M, adjusted EBITDA $10.9M","bullets":["GAAP revenue of $43.0M, up from $42.0M YoY; 91.1% recurring revenue.","Net income of $2.3M ($0.23 EPS) versus $(13.4M) ($(1.39) EPS) in Q1 2023.","Adjusted EBITDA rose 78% to $10.9M; adjusted gross margin improved to 76%.","Cash and equivalents $19.1M at March 31, 2024; expects ~$28M tax refund in H2 2024.","Reaffirmed 2024 guidance: revenue $170-175M, adjusted EBITDA $42-45M, FCF at least $10M."],"urls":{"canonical":"https://secwatch.observer/filing/0001131554-24-000052","json":"https://secwatch.observer/filing/0001131554-24-000052.json","markdown":"https://secwatch.observer/filing/0001131554-24-000052.md","text":"https://secwatch.observer/filing/0001131554-24-000052.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1131554/000113155424000052/0001131554-24-000052-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1131554/000113155424000052/sncr-20240507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T16:07:11.341185+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cd999fd9a1ee0e14c7d2fe7fc0421ff1c3e195bf","claim":"SYNCHRONOSS TECHNOLOGIES INC reported its first quarter ended March 31, 2024 results: revenue $43.0 million, net income $2.3 million, EPS $0.23. Guidance reaffirmed.","evidence_excerpt":"except as expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Synchronoss Technologies Reports First Quarter 2024 Results Q1 Revenue Grew to $43.0 Million, Surpassing 91% Recurring Revenue GAAP Gross Margin Expands to 67%; Adjusted Gross Margin Rises to 76% Streamlined Operations Improve Profitability with Net Income Increasing by","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1131554/000113155424000052/0001131554-24-000052-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"its first quarter ended March 31, 2024"},{"label":"Revenue","value":"$43.0 million"},{"label":"Net income","value":"$2.3 million"},{"label":"EPS","value":"$0.23"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}