---
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"
generated_at: "2026-06-02T16:07:11.341185+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Synchronoss Q1 revenue $43M, net income $2.3M, adjusted EBITDA $10.9M

## Summary
- 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.

## SEC filing metadata
- accession: 0001131554-24-000052
- form_type: 8-K
- cik: 0001131554
- company_name: SYNCHRONOSS TECHNOLOGIES INC
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001131554-24-000052
- JSON: https://secwatch.observer/filing/0001131554-24-000052.json
- Plain text: https://secwatch.observer/filing/0001131554-24-000052.txt

## Key facts
- Earnings Releases
  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.
  - Period: its first quarter ended March 31, 2024
  - Revenue: $43.0 million
  - Net income: $2.3 million
  - EPS: $0.23
  - Guidance: reaffirmed
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1131554/000113155424000052/0001131554-24-000052-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.