Synacor (SYNC) Tops Q4 EPS by 1c

Synacor (NASDAQ: SYNC) reported Q4 EPS of $0.00, $0.01 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $46 million versus the consensus estimate of $47.76 million.

Based on information available as of March 15, 2018, the Company is providing financial guidance for the first quarter and full year 2018 as follows:

• Q1 2018 Guidance: Revenue for the first quarter of 2018 is projected to be in the range of $30 million to $32 million. The Company expects to report a net loss of $2.6 million to $3.4 million and adjusted EBITDA of $0.5 million to $1.0 million, which excludes stock-based compensation expense of $500,000 to $600,000, depreciation and amortization of $2.8 million to $3.0 million, and tax, interest expense and other income and expense of approximately $300,000.
• Fiscal 2018 Guidance: Revenue for the full year of 2018 is expected to be within the range of $150 million to $155 million. The Company expects to report a net loss in the range of $4.4 million to $8.6 million and adjusted EBITDA in the range of $7 million to $10 million, which excludes stock-based compensation expense of $2.0 million to $2.4 million, depreciation and amortization of $11.2 million to $12.0 million, and tax, interest expense, and other income and expense of $1.2 million.

For earnings history and earnings-related data on Synacor (SYNC) click here.

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