SYNNEX Corporation Reports Third Quarter Fiscal 2018 Results

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Go back to SYNNEX Corporation Reports Third Quarter Fiscal 2018 Results

SYNNEX Corp. (SNX) Tops Q3 EPS by 11c, Revenues Beat; Offers Q4 EPS/Revenue Outlook

October 3, 2018 4:23 PM EDT

SYNNEX Corp. (NYSE: SNX) reported Q3 EPS of $2.57, $0.11 better than the analyst estimate of $2.46. Revenue for the quarter came in at $4.91 billion versus the consensus estimate of $4.88 billion.

"We saw continued momentum in both of our business segments that resulted in record third quarter performance,\" said Dennis Polk, President and Chief Executive Officer, SYNNEX Corporation. "Our focus on profitable growth and leveraging the strategic investments we've made in our business drove solid margin and earnings expansion."

"We are also excited about the expected close of the Convergys... More