SYNNEX Corp. (SNX) Tops Q1 EPS by 16c

SYNNEX Corp. (NYSE: SNX) reported Q1 Adj. EPS of $1.82, $0.16 better than the analyst estimate of $1.66. Revenue for the quarter came in at $3.05 billion versus the consensus estimate of $3.48 billion.

"Solid execution in our Technology Solutions focused growth areas and strong overall performance in our Concentrix business, led to record Q1 results," said Kevin Murai, President and Chief Executive Officer, SYNNEX Corporation. "Our diversified business strategy positions us well to pursue new opportunities and to proactively respond to the dynamic markets we compete in."

GUIDANCE:

SYNNEX Corp. sees Q2 2017 EPS of $1.70-$1.78. SYNNEX Corp. sees Q2 2017 revenue of $3.57-3.77 billion.

For earnings history and earnings-related data on SYNNEX Corp. (SNX) click here.

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