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Howard Hughes  |  by www.tradingmarkets.com. All rights reserved. 10.11 | 17:09

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(RTTNews) - Synchronoss Technologies, Inc. ( | | | ) reported GAAP net income for the third quarter of $3.1 million or $0.

10 per share, compared to $2.2 million or $0.09 per share for the year-ago quarter.

The current year third quarter GAAP net income includes $205,000 of non-cash, fair value stock-based compensation expense. Analysts polled by First Call / Thomson Financial expected the company to earn $0.06 per share for the third quarter.

Revenue for the third quarter increased 34% to $18.91 million from $14.11 million in the same quarter last year.

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