Synchronoss Technologies Inc. Bottom Line Advances 19% In Q4

(RTTNews) - Synchronoss Technologies Inc. (SNCR) announced earnings for its fourth quarter that climbed compared to the same period last year.

The company said its bottom line climbed to $28.71 million, or $0.61 per share. This was up from $24.16 million, or $0.53 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.57 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 20.7% to $157.21 million. This was up from $130.21 million last year.

Synchronoss Technologies Inc. earnings at a glance:

-Earnings (Q4): $28.71 Mln. vs. $24.16 Mln. last year. -Earnings Growth (Y-o-Y): 18.8% -EPS (Q4): $0.61 vs. $0.53 last year. -EPS Growth (Y-o-Y): 15.1% -Analysts Estimate: $0.57 -Revenue (Q4): $157.21 Mln vs. $130.21 Mln last year. -Revenue Change (Y-o-Y): 20.7%