SYNNEX Corporation Reports First Quarter Fiscal 2019 Results
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SYNNEX Corp. (SNX) Tops Q1 EPS by 10c, Revenues Miss; Offers Q2 EPS/Revenue Mid-Point Guidance Above Consensus
March 27, 2019 4:19 PM EDTSYNNEX Corp. (NYSE: SNX) reported Q1 EPS of $2.84, $0.10 better than the analyst estimate of $2.74. Revenue for the quarter came in at $5.25 billion versus the consensus estimate of $5.29 billion.
"We are off to a great start for fiscal 2019. Our results reflect our recent investments producing returns as well as our core businesses continuing to operate very well," said Dennis Polk, SYNNEX President and CEO. "Most significant was the performance of our Concentrix business. In the first full quarter since our Convergys acquisition, the team delivered solid financial results while managing integration... More
