Synchronoss Technologies, Inc. Ranked Number 7 on Forbes Fast Tech 25 Annual List of the 25 Fastest Growing Tech Companies
April 22 2016 - 08:30AM
Business Wire
Synchronoss Technologies, Inc. (NASDAQ:SNCR), the
leader in mobile cloud innovation and software-based activation for
mobile carriers, enterprises, retailers and OEMs around the
world, today announced its inclusion in the Forbes
Fast Tech 25 list of the 25 fastest growing tech companies.
FORBES’ annual Fast Tech 25 list is about finding the firms with
superior growth (both past and projected), along with a solid
earnings-quality score from Value Line. Forbes evaluated more than
5,000 publicly traded technology companies, looking for profitable
companies with a minimum revenue of $150 million and a minimum
market value of $500 million. They also assessed firms with sales
growth of at least 10% for each of the past three fiscal years and
over the latest 12 months.
The final list is ranked by trailing three years of revenue
growth. Fifteen companies on the Fast Tech 25 had less than $1
billion in sales over the last year, as well as some large
companies with stellar growth such as Facebook, Amazon and
Alphabet. Synchronoss which ranked #7, was featured as a company
with a three-year average sales growth of 29%
“We are honored to be listed in the top 25 fastest growing tech
companies by Forbes,” said Steve Waldis, Founder, Chairman and CEO,
Synchronoss. “Synchronoss keeps innovation at the heart of
everything we do, and in the ever changing tech landscape, it’s
important to evolve and offer creative solutions to provide the
highest level of service to our clients.”
To read the full article and list of top 25, click here.
About Synchronoss Technologies, Inc.
Synchronoss Technologies, Inc., based in Bridgewater, NJ,
(NASDAQ:SNCR) is the leading innovator of cloud solutions and
software-based activation for mobile carriers, enterprises,
retailers and OEMs across the globe. The company’s proven, scalable
and patented technology solutions allow customers to connect,
synchronize and activate connected devices and services that
empower enterprises and consumers to live in a connected world. For
more information visit us at: www.synchronoss.com.
Synchronoss and the Synchronoss logo are trademarks of
Synchronoss Technologies, Inc. All other trademarks are property of
their respective owners.
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Investor Relations:Daniel
Ives, 908-524-1047daniel.ives@synchronoss.comorMedia:Stacie
Hiras, 908-674-0758stacie.hiras@synchronoss.com