SYNNEX Corporation Reports Fiscal 2016 First Quarter Results
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March 29, 2016 9:17 AM EDT
Needham & Company reiterates Hold rating on SYNNEX Corp. (NYSE: SNX) following the company's 1Q earnings report. SNX reported F1Q results last night, with revenue of $3.13B slightly below guidance of $3.23-3.33B and the Streets $3.26B. non-GAAP EPS of $1.37 was in-line with the $1.34-1.39 range and... More
March 29, 2016 9:01 AM EDT
Raymond James analyst, Brian Alexander, reiterated his Underperform rating as SYNNEX (NYSE: SNX) financial results came in below expectations and financial targets were pushed out.
SNX following below consensus F1Q16 (Feb.) results, sharply lower F2Q (May) guidance, and a pushout of intermediate financial targets. F1Q EPS was in line with consensus estimates of $1.37, but results included a ~$0.06/share... More
March 28, 2016 4:14 PM EDT
SYNNEX Corp. (NYSE: SNX) reported Q1 EPS of $1.37, in-line with the analyst estimate of $1.37. Revenue for the quarter came in at $3.13 billion versus the consensus estimate of $3.26 billion.
GUIDANCE:
SYNNEX Corp. sees Q2 2016 EPS of $1.27-$1.33, versus the consensus of... More
