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Synchronoss Technologies (Synchronoss Technologies) Operating Margin % : -38.74% (As of Dec. 2023)


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What is Synchronoss Technologies Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Synchronoss Technologies's Operating Income for the three months ended in Dec. 2023 was $3.4 Mil. Synchronoss Technologies's Revenue for the three months ended in Dec. 2023 was $-8.9 Mil. Therefore, Synchronoss Technologies's Operating Margin % for the quarter that ended in Dec. 2023 was -38.74%.

The historical rank and industry rank for Synchronoss Technologies's Operating Margin % or its related term are showing as below:

SNCR' s Operating Margin % Range Over the Past 10 Years
Min: -46.46   Med: -12.32   Max: 1.48
Current: -4.04


SNCR's Operating Margin % is ranked worse than
63.89% of 2758 companies
in the Software industry
Industry Median: 3.07 vs SNCR: -4.04

Synchronoss Technologies's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Synchronoss Technologies's Operating Income for the three months ended in Dec. 2023 was $3.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-6.6 Mil.


Synchronoss Technologies Operating Margin % Historical Data

The historical data trend for Synchronoss Technologies's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Synchronoss Technologies Operating Margin % Chart

Synchronoss Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -34.33 -13.22 -11.42 1.48 -4.04

Synchronoss Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.65 -5.61 -6.57 -5.22 -38.74

Competitive Comparison of Synchronoss Technologies's Operating Margin %

For the Software - Infrastructure subindustry, Synchronoss Technologies's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Synchronoss Technologies's Operating Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Synchronoss Technologies's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Synchronoss Technologies's Operating Margin % falls into.



Synchronoss Technologies Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Synchronoss Technologies's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-6.633 / 164.196
=-4.04 %

Synchronoss Technologies's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=3.437 / -8.873
=-38.74 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Synchronoss Technologies  (NAS:SNCR) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Synchronoss Technologies Operating Margin % Related Terms

Thank you for viewing the detailed overview of Synchronoss Technologies's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Synchronoss Technologies (Synchronoss Technologies) Business Description

Traded in Other Exchanges
Address
200 Crossing Boulevard, 3rd Floor, Bridgewater, NJ, USA, 08807
Synchronoss Technologies Inc is a provider of cloud- and software-based activation solutions for mobile carriers, enterprises, retailers, and original equipment manufacturers. These solutions are delivered through the Activation Services, Synchronoss Personal Cloud, Enterprise, and Integrated Life platforms, which are scalable and available on-demand. The firm's solutions include activation and processing, cloud-based sync, backup, storage, and content engagement capabilities. The company derives revenue from subscriptions and transaction-based fees. A majority of the firm's revenue is generated in the United States, and the rest is from countries across the world.
Executives
Laurie Harris director C/O SYNCHRONOSS TECHNOLOGIES INC., 200 CROSSING BOULEVARD, BRIDGEWATER TOWNSHIP NJ 08807
B. Riley Financial, Inc. 10 percent owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Martin Francis Bernstein director C/O B. RILEY FINANCIAL, INC., 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Kristin S. Rinne director C/O SYNCHRONOSS TECHNOLOGIES INC., 200 CROSSING BLVD., BRIDGEWATER NJ 08807
Jeffrey George Miller officer: Chief Commercial Officer C/O SYNCHRONOSS TECHNOLOGIES, INC., 200 CROSSING BLVD., 8TH FLOOR, BRIDGEWATER NJ 08807
Lou Ferraro officer: EVP and CFO 200 CROSSING BLVD., 8TH FLOOR, BRIDGEWATER NJ 08807
Christopher K. Hill officer: EVP & Chief Commercial Officer 200 CROSSING BLVD., 8TH FLOOR, BRIDGEWATER NJ 08807
Patrick Joseph Doran officer: EVP & Chief Technology Officer 750 ROUTE 202 SOUTH, SUITE 600, BRIDGEWATER NJ 08807
Christina Gabrys officer: SVP and CLO 200 CROSSING BLVD., 8TH FLOOR, BRIDGEWATER NJ 08807
Stephen G Waldis director, officer: President & C.E.O. 750 ROUTE 202 SOUTH, SUITE 600, BRIDGEWATER NJ 08807
Taylor C Greenwald officer: Chief Financial Officer C/O SYNCHRONOSS TECHNOLOGIES, INC., 200 CROSSING BOULEVARD, 3RD FLOOR, BRIDGEWATER NJ 08807
David D Clark officer: Chief Financial Officer FORT WASHINGTON EXECUTIVE CENTER, 600 OFFICE CENTER DRIVE, FORT WASHINGTON PA 19034
Brc Partners Opportunity Fund, Lp 10 percent owner 11100 SANTA MONICA BLVD. SUITE 800, LOS ANGELES CA 90025
B. Riley Capital Management, Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
Brc Partners Management Gp, Llc 10 percent owner 11100 SANTA MONICA BLVD SUITE 800, LOS ANGELES CA 90025