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Why Synchronoss Technologies (SNCR) Stock Is Soaring Today

NEW YORK (TheStreet) -- Shares of Synchronoss Technologies Inc. (SNCR - Get Report) are soaring 13.42% to $39.31 to a one year high today after the company reported second quarter non-GAAP earnings per share of 41 cents, up from 31 cents in the same quarter the previous year, and beating the consensus estimate of 40 cents. 

Synchronoss Technologies had second quarter revenue of $103.5 million, up 23.6% from one year previous, and beating the consensus estimate of $102.2 million.

The company is also getting a boost ahead of Twitter's (TWTR) earnings results expected after the close of trading today.

SNCR Chart SNCR data by YCharts

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