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Wireless

Synchronoss sees further revenue growth ahead as Q1 sales lift, losses narrow

Friday 10 May 2019 | 14:07 CET | News
Synchronoss Technologies lifted its revenues and narrowed its losses in the first quarter, helped by growth at its messaging business. CEO Glenn Lurie said the company announced several new customers agreements in the quarter, including a "significant" white label cloud platform deal with a new customer. More details will come about that deal in the third quarter, when the new customer launches its cloud service. But all together, the new contracts should deliver meaningful revenue growth going forward, the CEO said.

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Categories: Mobile & Wireless
Companies: Synchronoss Technologies
Countries: World
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