Needham & Company Downgrades SYNNEX Corp. (SNX) to Buy

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Synnex Corp. (SNX) Reports In-Line Q3 EPS, Guides Q4 Below

September 25, 2012 4:07 PM EDT

Synnex Corp. (NYSE: SNX) reported Q3 EPS of $0.93, in-line with the analyst estimate of $0.93. Revenue for the quarter came in at $2.58 billion versus the consensus estimate of $2.59 billion.

Synnex Corp. sees Q4 2012 EPS of $1.02-1.06, versus the consensus of $1.16. Synnex Corp. sees Q4 2012... More