Synacor (SYNC) Tops Q3 EPS by 2c; Reinstates Guidance

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Go back to Synacor (SYNC) Tops Q3 EPS by 2c; Reinstates Guidance

Synacor Reports Third Quarter 2020 Financial Results

November 11, 2020 4:05 PM EST

--Company delivers 17% growth in Zimbra Enterprise SaaS and Cloud ID SaaS revenue

--Reinstates Financial Guidance for Fourth Quarter 2020

BUFFALO, N.Y.--(BUSINESS WIRE)-- Synacor, Inc. (Nasdaq: SYNC), a leading provider of cloud-based Collaboration and Identity Management software and services serving global enterprises, video, internet and communications providers, and governments, today announced its financial results for the third quarter ended September 30, 2020.

Third Quarter Financial Highlights

Third quarter revenue of $18.5 million GAAP net loss of $4.0 million, inclusive of $1.8 million of... More