Synacor, Inc. (SYNC) Beats by $0.09

Synacor, Inc. (SYNC) reported fourth quarter EPS of $0.07 after the close Wednesday, compared to the consensus estimate of ($0.02). Revenues increased 5.1% from last year to $30.9 million. Analysts expected revenues of $26.47 million. Adjusted EBITDA came in at $4.0 million, a significant increase compared to $0.1 million in 3Q’14 and an increase of 44% over $2.8 million in 4Q’13. The stock is now up $0.09 to $2.42.

For full year 2014, total revenue was $106.6 million, compared to $111.8 million in FY 2013.

For Q1’15, SYNC issued revenue projection of $24-$26, compared to the consensus revenue estimate of $24.50 million. Revenue for the full year of 2015 is projected to be in the range of $95.0 million to $100.0 million.

On valuation measures, Synacor Inc. shares, which currently have an average 3-month trading volume of 150,589 shares, trade at a P/E to growth ratio of (0.37). The median Wall Street price target on the name is $2.50 with a high target of $2.50. Currently ticker boasts no ‘Buy’ endorsements, compared to 4 ’Holds’ and no ‘Sell’.

Profitability-wise, SYNC has a t-12 profit and operating margin of (6.04%) and (6.68%), respectively. The $63.80 million market cap company reported $25.6 million in cash vs. $2.62 million in debt in its most recent quarter.

SYNC currently prints a one year loss of about 19.30% and a year-to-date return of around 6.50%.

The chart below shows where the equity has traded over the last 52 weeks.

Synacor Inc. provides various cloud-based services across a range of devices for cable, satellite, telecom, and consumer electronics companies in the United States, and the United Kingdom. The company was founded in 1998 and is headquartered in Buffalo, New York.

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