SYNNEX Corporation Reports Fiscal 2016 First Quarter Results

Go back to SYNNEX Corporation Reports Fiscal 2016 First Quarter Results

Needham & Company Remains Sidelined on SYNNEX Corp. (SNX) Following Mixed 1Q

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

Synnex (SNX) Results Confirm Underperform Thesis - Raymond James

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

SYNNEX Corp. (SNX) Reports In-Line Q1 EPS; Issues Light Q2 Outlook

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