Synnex: Fiscal Q2 Earnings Snapshot
FREMONT, Calif. — FREMONT, Calif. — Synnex Corp. (SNX) on Tuesday reported fiscal second-quarter earnings of $133.1 million. On a per-share basis, ...
FREMONT, Calif. — FREMONT, Calif. — Synnex Corp. (SNX) on Tuesday reported fiscal second-quarter earnings of $133.1 million. On a per-share basis, the Fremont, California-based company said it had net income of $1.41. Earnings, adjusted for one-time gains and costs, were $2.43 per share. The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.50 per share. The high-tech contractor posted revenue of $14.06 billion in the period, which also did not meet Street forecasts.