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年第四季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
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公佈的第四季度收入爲4,140萬美元，使全年收入達到1.642億美元，超出預期。
該公司得以在2023財年實現270萬澳元的正淨現金流，並在2024財年進一步減少1500萬美元的年度成本。
第四季度的利潤增長了2.5％，達到2650萬美元，佔總收入的63.9％。
第四季度的淨虧損爲3500萬美元，合每股虧損3.56美元，而2022年第四季度的淨虧損爲1,590萬美元，合每股虧損1.66美元。全年淨虧損爲6,450萬美元，合每股虧損6.62美元。
第四季度調整後的息稅折舊攤銷前利潤增長了127％，達到1,000萬美元。全年調整後的息稅折舊攤銷前利潤增長了13.5％，至3,140萬美元。
他們預計2024財年的GAAP收入將在1.7億美元至1.75億美元之間，調整後的息稅折舊攤銷前利潤將在4200萬美元至4,500萬美元之間。
Business Progress:
業務進展：
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.
在第四季度將非核心消息和NetworkX業務剝離給Lumine集團之後，Synchronoss在2023年底成爲全球首屈一指的全球個人雲解決方案提供商。
現在，超過75％的總收入是根據合同簽訂的，期限至少爲四年
在第四季度，Synchronoss的訂戶同比增長了9％，軟銀增加了其品牌的訂閱量超過1億。
該公司計劃在2024年專注於保護和擴大這一訂戶群，擴大其全球客戶群，並提供新的主要功能。
該公司推出了由Synchronoss個人雲提供支持的軟銀的Anshin Data Box，廣受好評。
預計到2024年，訂戶增長將處於較高的個位數至低兩位數。雲收入在第四季度同比增長3％，預計將在2024年佔收入的100％。
More details: Synchronoss Technologies IR
更多詳情： 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.
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譯文內容由第三人軟體翻譯。