Systemax, Inc. (SYX) Reports In-Line Q4 EPS, Beats on Revenues

Systemax, Inc. (NYSE: SYX) reported Q4 EPS of $0.34, in-line with the analyst estimate of $0.34. Revenue for the quarter came in at $330.6 million versus the consensus estimate of $329.5 million.

Non-GAAP Fourth Quarter 2017 Continuing Operations Financial Summary:

• Consolidated sales (comprising IPG and France) increased 12.1% to $330.6 million in U.S. dollars. On a constant currency basis, average daily sales increased 8.7%.
• IPG sales increased 10.6% to $194.5 million in U.S. dollars. On a constant currency basis, average daily sales increased 10.4%.
• France sales increased 14.4% to $136.1 million in U.S. dollars. On a constant currency basis, average daily sales increased 6.0%.
• Consolidated operating income grew 46.0% to $20.0 million.
• Net income per diluted share from continuing operations grew to $0.34.

For earnings history and earnings-related data on Systemax, Inc. (SYX) click here.

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