Turnaround At Synchronoss Is Getting Legs

  • There are three main planks in the turnaround story at Synchronoss and they’re all delivering, after having cut costs for years already.
  • The company finally got rid of its death-spiral preferred shares, even if that wasn’t exactly cheap.
  • The company is signing big contracts as well, for all their segments, even if that’s not yet visible in revenue growth.
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