SYNNEX Corp. (SNX) Tops Q2 EPS by 16c

SYNNEX Corp. (NYSE: SNX) reported Q2 EPS of $2.09, $0.16 better than the analyst estimate of $1.93. Revenue for the quarter came in at $5.86 billion versus the consensus estimate of $4.96 billion.

"Outstanding execution by our team coupled with a positive IT spending environment drove fiscal Q2 results above our expectations," said Dennis Polk, President and CEO of SYNNEX. "I am incredibly proud of how our associates have expertly managed all challenges and opportunities over the past year, while continuing to provide superior service and support to our customers and vendor partners."

GUIDANCE:

SYNNEX Corp. sees Q3 2021 EPS of $1.90-$2.10, versus the consensus of $1.99. SYNNEX Corp. sees Q3 2021 revenue of $4.95-5.46 billion, versus the consensus of $5.1 billion.

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

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