Synacor (SYNC) Tops Q2 EPS by 1c; Issues Mixed Outlook
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Synacor Delivers 23% Revenue Growth, Advances on Path to ‘3/30/300’
August 3, 2016 4:08 PM EDTQ2 2016 revenue of $30.5 million, a 23% year-over-year increase and at the high end of the guidance range of $29.0 to $31.0 millionQ2 2016 net loss of $2.8 million Q2 2016 adjusted EBITDA of $0.3 million, exceeds guidance range of $0.0 to $0.2 million and reflects initial $1.5 million investment in support of the AT&T businessProgress against stated 2016 growth objectives, including being selected by a major television programmer to be their authentication partner
BUFFALO, N.Y., Aug. 03, 2016 (GLOBE NEWSWIRE) -- Synacor Inc. (NASDAQ: SYNC), the trusted multiscreen technology and monetization partner for video,... More
