JPMorgan analyst Sterling Auty noted that Synchronoss filed its 10-K and 10-Q detailing the restatements that the company has made to revenue and net income for prior periods, stating that he believes finishing with its filings should eliminate a distraction for management. The net impact from the restatements was that revenues for the years 2013-2016 were reduced by $190M. While management did not provide any guidance on their expectations for 2018, Auty said he continues to expect declining revenue for 2018. He maintains a Neutral rating on Synchronoss shares.