Earnings Call Summary | Synchronoss Technologies(SNCR.US) Q4 2023 Earnings Conference
Earnings Call Summary | Synchronoss Technologies(SNCR.US) Q4 2023 Earnings Conference
The following is a summary of the Synchronoss Technologies, Inc. (SNCR) Q4 2023 Earnings Call Transcript:
以下是 Synchronoss Technologies, Inc. (SNCR) 2023年第四季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Synchronoss Technologies reported Q4 revenue of $41.4 million, leading to full year revenue of $164.2 million, exceeding expectations.
The firm was able to achieve a positive net cash flow of $2.7 million in fiscal 2023 and further reduce annual costs by an additional $15 million for fiscal 2024.
Profit in Q4 increased 2.5% to $26.5 million, representing 63.9% of total revenue.
Net loss in Q4 was $35 million or $3.56 per share compared to a net loss of $15.9 million or $1.66 per share in Q4 2022. For the full year, net loss was $64.5 million or $6.62 per share.
Adjusted EBITDA in Q4 increased 127% to $10 million. For the full year, adjusted EBITDA increased 13.5% to $31.4 million.
For FY 2024, they anticipate GAAP revenue to range between $170 million and $175 million, and adjusted EBITDA between $42 million and $45 million.
Synchronoss Technologies公布的第四季度收入为4,140万美元，使全年收入达到1.642亿美元，超出预期。
该公司得以在2023财年实现270万澳元的正净现金流，并在2024财年进一步减少1500万美元的年度成本。
第四季度的利润增长了2.5％，达到2650万美元，占总收入的63.9％。
第四季度的净亏损为3500万美元，合每股亏损3.56美元，而2022年第四季度的净亏损为1,590万美元，合每股亏损1.66美元。全年净亏损为6,450万美元，合每股亏损6.62美元。
第四季度调整后的息税折旧摊销前利润增长了127％，达到1,000万美元。全年调整后的息税折旧摊销前利润增长了13.5％，至3,140万美元。
他们预计2024财年的GAAP收入将在1.7亿美元至1.75亿美元之间，调整后的息税折旧摊销前利润将在4200万美元至4,500万美元之间。
Business Progress:
业务进展：
Synchronoss ended 2023 by becoming the world's premier global personal cloud solutions provider after divesting noncore Messaging and NetworkX businesses to Lumine Group in Q4.
Over 75% of total revenue is now under contracts with at least four-year terms
In Q4, Synchronoss saw subscriber growth of 9% year-over-year with the addition of SoftBank subscribers which crosses 100 million subscribers across its brands.
The company plans to focus on protecting and growing this subscriber base, expanding its global customer base, and delivering new anchor features in 2024.
The firm launched SoftBank's Anshin Data Box, powered by Synchronoss Personal Cloud, which has been well received.
Subscriber growth is expected to be in the high single to low double digits in 2024. Cloud revenue, up 3% YoY in Q4, is projected to comprise 100% of revenue in 2024.
在第四季度将非核心消息和NetworkX业务剥离给Lumine集团之后，Synchronoss在2023年底成为全球首屈一指的全球个人云解决方案提供商。
现在，超过75％的总收入是根据合同签订的，期限至少为四年
在第四季度，Synchronoss的订户同比增长了9％，软银增加了其品牌的订阅量超过1亿。
该公司计划在2024年专注于保护和扩大这一订户群，扩大其全球客户群，并提供新的主要功能。
该公司推出了由Synchronoss个人云提供支持的软银的Anshin Data Box，广受好评。
预计到2024年，订户增长将处于较高的个位数至低两位数。云收入在第四季度同比增长3％，预计将在2024年占收入的100％。
More details: Synchronoss Technologies IR
更多详情： 同步科技 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多详情，请访问投资者关系网站。本文仅供投资者参考，不构成任何投资建议。
译文内容由第三方软件翻译。