Synacor (SYNC) Tops Q4 EPS by 3c

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Go back to Synacor (SYNC) Tops Q4 EPS by 3c

Synacor Reports Strong Fourth Quarter 2019 Financial Results; Announces Board Transition in Anticipation of Qumu Merger

March 3, 2020 4:05 PM EST

Fourth quarter revenue of $26.8 million, in line with guidance Fourth quarter GAAP net loss of $0.6 million and Adjusted EBITDA of $3.4 million, both exceeding the high end of the guidance range Signed a significant new Cloud ID customer; continued success in Zimbra sales bookings; and growth in Publisher Advertising Announces Board nominees and commences search for new Chairperson in anticipation of the merger with Qumu; Kevin Rendino appointed as interim Chairman 

 

BUFFALO, N.Y.--(BUSINESS WIRE)-- Synacor, Inc. (Nasdaq: SYNC), a cloud-based software and services company serving... More