Street Calls of the Week
STOCKHOLM - Sinch AB (XSTO:SINCH), a software company with a market capitalization of $2.7 billion, announced Tuesday the appointment of Daniel Morris as its new Chief Product Officer, replacing co-founder Robert Gerstmann who had been serving in the role on an interim basis.
Morris joined Sinch in 2021 through the acquisition of Pathwire and has since led the company’s Email and Applications businesses. He brings over 20 years of product leadership experience from previous roles at Pathwire, Rackspace, and IBM.
"Daniel steps into this role at a pivotal time as AI creates transformative opportunities in our sector," said Laurinda Pang, CEO of Sinch, in a press release statement. "His product vision and strong operational execution will be key to ensuring our portfolio remains industry-leading."
Sinch, headquartered in Stockholm, provides customer communications services through mobile messaging, voice, and email. The company serves approximately 175,000 businesses globally and has been profitable since its founding in 2008.
The company’s shares are traded on NASDAQ Stockholm under the ticker XSTO:SINCH.
In other recent news, Sinch AB released its second-quarter 2025 earnings report. The company reported an earnings per share (EPS) of 0.6395 USD, which was below the forecasted 0.6845 USD, resulting in a -6.57% earnings surprise. Additionally, revenue fell short of expectations, reaching 6.62 billion USD compared to the anticipated 6.74 billion USD. Despite these misses in both earnings and revenue, the company’s stock experienced a notable increase. This development indicates a positive investor sentiment towards Sinch AB’s strategic initiatives and growth potential. The earnings results have caught the attention of various analyst firms, although specific upgrades or downgrades were not mentioned in the recent reports. These developments highlight significant investor interest and confidence in Sinch AB’s future direction.
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