Synacor Reports Strong Q1 Earnings, Exceeding Q1 Guidance
SYNACOR INC (SYNC)
Last synacor inc earnings: 11/14 04:05 pm
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Source: Business Wire
Company initiates segment reporting for its Software & Services and Portal & Advertising businesses Q1 2019 GAAP net loss of $2.2 million, adjusted net loss of $1.2 million; significantly improved from adjusted net loss of $2.4 million in Q1 2018 Adjusted EBITDA of $1.7 million, up 179% from $0.6 million in the year-ago quarter Revenue of $31.8 million, in line with guidance; software revenue of $11.2 million grew 4.4% from the year-ago quarter 96 new customers and 184 contract expansions for Zimbra email and collaboration platform BUFFALO, N.Y.--(BUSINESS WIRE)-- Synacor, Inc. (Nasdaq: SYNC), the trusted technology, multiplatform services and revenue partner for video, internet and communications providers, device manufacturers, governments and enterprises, today announced its financial results for the first quarter e
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