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IT

Synacor loses ATT.net contract, keeps FY guidance anyway

Friday 12 July 2019 | 09:57 CET | News

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AT&T has informed Synacor it intends to choose another provider of portal services for its ATT.net portal. Synacor said the winding down of the contract and consequent migration will take many months, subject to mutual agreements, but that it nevertheless keeping its second quarter and full year financial guidance unchanged. CEO Himesh Bhise said the company has other opportunities for high margin, recurring revenenues, including Zimbra Email & Collaboration and Cloud ID Ident and Access Management. "Going forward these create a software-oriented, higher overall margin profile for Synacor,"

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Categories: Internet / IT
Companies: AT&T / Synacor
Countries: United States
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