Automotive World  Sep 21  Comment 
The advanced all-new Ford EcoBlue diesel engine takes centre stage at the 2016 IAA Hannover Commercial Vehicle Show, delivering improved cost of ownership and performance in Ford’s latest Transit and Transit Custom models. The Ford EcoBlue...
Automotive World  Jul 25  Comment 
Ford is expanding its SYNC 3 connectivity platform – allowing compatibility of Apple CarPlay and Android Auto – throughout its entire 2017 U.S. vehicle lineup of cars, SUVs, light trucks and electrified vehicles. Ford, using its...
Automotive World  Jul 21  Comment 
With more than 15 million SYNC®-equipped vehicles on roads around the world today and 43 million expected by 2020, Ford is introducing a free tool for smartphone app developers aimed at making it easy and cost-efficient to develop in-car apps...
newratings.com  May 5  Comment 
DALLAS (dpa-AFX) - Telecom giant AT&T Inc. (T) has awarded a contract to host its web and mobile portals to Synacor Inc. (SYNC), ending a major portion of its 15-year old deal with Yahoo! Inc. (YHOO). The move by AT&T deals a blow to...
Benzinga  May 5  Comment 
Ormat Technologies, Inc. (NYSE: ORA) shares reached a new 52-week high of $44.96 as the company reported better-than-expected Q1 results. Masimo Corporation (NASDAQ: MASI) shares climbed 12.08 percent to touch a new 52-week high of $47.56 as...
MarketWatch  May 4  Comment 
Synacor Inc. shares skyrocketed in the extended session Wednesday after AT&T Inc. awarded the video and Internet tech company a portal services contract that could bring in about $100 million a year in revenue beginning in 2017. Synacor shares...


Synacor (NASDAQ:SYNC) provides services which allow cable and telecommunications providers to offer hosted and managed platforms. In particular, Synacor offers a platform onto which its customers end users can sign on and gain access to packaged online content and services. These services includes email, online games, movie, and security. Synacor makes money by displaying ads to the end users and by charging fees for value added services. Part of this revenue is shared with the company's direct customers - the cable and telecom companies.[1]

Business Overview

For the first nine months of 2011 ended in September, Synacor reported a total revenue of $62M. This resulted in a net income of $2.2M. For the same period in 2010, Synacor had a total revenue of $48M and a net loss of $3.2M [2]

New Updates

The company's initial public offering of stock on the NASDAQ occurred on February 9, 2012. The company offered 6.8M shares each for $5. This was at the low end of the $5-$6 revised price range. The company had initially announced that it would price in the $10-$12 range. The deal raised a total of $34M. The lead mangers of the deal were BofA and Citi.[3]

Trends & Forces

Competition with Google

Synacor generates a substantial portion of its revenue through a search agreement with Google. In return for directing search queries on the platform through Google, Synacor receives a portion of the per-click payment Google receives from its search ads. While this relation is key to Synacor's revenue, the two companies compete as online media distribution channels. While Synacor does not compete with Google for its clients, they do compete for end internet users. These internet users use both Google's and Synacor's platforms to easily access online content and services. [4]

  1. SYNC S-1/A 2012 PROSPECTUS SUMMARY "Our Business" pg. 1-3
  2. SYNC S-1/A 2012 PROSPECTUS SUMMARY "Summary Financial and Other Data" pg. 8-10
  3. Renaissance Capital - IPO Home "Synacor prices at $5, low end of the revised range" 10 Feb 2012
  4. SYNC S-1/A 2012 PROSPECTUS SUMMARY "Risk Factors" pg. 12-15
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki