Synacor Reports Fourth Quarter and Full-Year 2020 Financial Results
BUFFALO, N.Y.--(BUSINESS WIRE)--Synacor, Inc. (Nasdaq: SYNC), a leading provider of cloud-based Collaboration and Identity Management software and services serving global enterprises, video, internet and communications providers, and governments, today announced its financial results for the fourth quarter and year ended December 31, 2020.
Fourth Quarter Financial Highlights
Revenue of $24.1 million
Net income of $0.1 million and adjusted EBITDA of $3.6 million
“Synacor delivered a strong end to 2020, with solid Q4 results for revenue, net income and adjusted EBITDA,” said Himesh Bhise, Synacor’s Chief Executive Officer.
Recent Operating Highlights
Signed agreement on Febr