Sunday, May 08, 2016 5:03:13 PM
Synacor Inc. (NASDAQ: SYNC) originally guided 2016 revenue at $125 million, but with the AT&T contract, the company has set itself on the trajectory to hit $225 million in revenue this year. The AT&T deal is also expected to give a major boost Synacor’s bottom-line after it puts the right systems in place. In the case of Yahoo, the bulk of the $100 million contract flowed directly to the bottom-line because supporting AT&T’s Web and mobile services carried a lower cost structure.
http://scibilitymedia.com/synacor-inc-nasdaqsync-displaces-yahoo-yhoo-lucrative-att-contract/
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