Synacor (SYNC) Reports In-Line Q3 EPS, Revenues Miss; Offers FY18 Revenue Guidance Below Consensus
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Synacor Reports 17% Increase in Recurring Software Revenue
November 8, 2018 4:05 PM ESTQ3 revenue totaled $35.6 million, recurring software revenue of $8.9 million grew 17% YoY Q3 net loss was $2.2 million, in line with guidance; adjusted EBITDA improved to $2.7 million, exceeding guidance range and up from $1.8 million a year ago Q3 wins include portal and Cloud ID renewal with a major operator, new ShortsTV Network for Cloud ID agreement, and 80 new Zimbra enterprise and government customers
BUFFALO, N.Y.--(BUSINESS WIRE)-- Synacor, Inc. (Nasdaq: SYNC), the trusted multiscreen technology and monetization partner for... More
