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SYNNEX Corp (SNX.N)

SNX.N on New York Stock Exchange

120.63USD
16 Feb 2018
Change (% chg)

$-0.50 (-0.41%)
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Volume
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$141.93
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Latest Key Developments (Source: Significant Developments)

Synnex Corporation Posts Q4 Adj. EPS $2.79​
Tuesday, 9 Jan 2018 04:15pm EST 

Jan 9 (Reuters) - Synnex Corp ::QTRLY REVENUE $5,312 MILLION VERSUS $3,887 MILLION.QTRLY ‍NON-GAAP DILUTED EPS $2.79​.- BOARD DECLARED A QUARTERLY CASH DIVIDEND OF $0.35 PER COMMON SHARE.QTRLY ‍DILUTED EPS $2.26​.ORATION REPORTS FISCAL 2017 FOURTH QUARTER AND FULL YEAR RESULTS.SEES Q1 2018 NON-GAAP EARNINGS PER SHARE $2.06 TO $2.15.SEES Q1 2018 EARNINGS PER SHARE $1.58 TO $1.68.SEES Q1 2018 REVENUE $4.35 BILLION TO $4.55 BILLION.- EXPECTS THAT ANTICIPATED BENEFIT ASSOCIATED WITH 2017 US TAX REFORM LAW WILL BE UTILIZED FOR BUSINESS INVESTMENT AND DEBT REDUCTION.  Full Article

Synnex reports Q3 EPS $1.87​
Monday, 25 Sep 2017 04:15pm EDT 

Sept 25 (Reuters) - Synnex Corp ::Q3 revenue $4.3 billion versus I/B/E/S view $4 billion.Synnex Corporation reports fiscal 2017 third quarter results.Sees Q4 2017 NON-GAAP earnings per share $2.63 to $2.73.Sees Q4 2017 earnings per share $2.11 to $2.21.Sees Q4 2017 revenue $4.75 billion to $4.95 billion.Increased quarterly cash dividend by 20% to $0.30 per share.Qtrly earnings per share $1.87​.Qtrly ‍ NON-GAAP earnings per share $2.16​.Q3 earnings per share view $1.97, revenue view $4.00 billion -- Thomson Reuters I/B/E/S.Q4 earnings per share view $2.52, revenue view $4.47 billion -- Thomson Reuters I/B/E/S.  Full Article

Synnex Cor becomes authorized as Aruba federal distributor
Wednesday, 16 Aug 2017 09:59am EDT 

Aug 16 (Reuters) - Synnex Corp :Synnex Corporation becomes authorized as aruba federal distributor.‍Now authorized for federal sales of wired and wireless networking products for Aruba​.  Full Article

Concentrix closes acquisition of Tigerspike
Monday, 31 Jul 2017 06:20pm EDT 

July 31 (Reuters) - Synnex Corp ::Concentrix closes acquisition of Tigerspike.  Full Article

Concentrix expands digital services with acquisition of Tigerspike
Thursday, 20 Jul 2017 09:14am EDT 

July 20 (Reuters) - Synnex Corp ::Concentrix expands digital services with acquisition of Tigerspike.Concentrix-Alex Burke, CEO of Tigerspike, to stay as leader of Tigerspike; join co's senior executive staff.Concentrix Corporation - until transaction is completed, companies will continue to operate independently.  Full Article

Synnex qtrly earnings per share $1.83
Thursday, 22 Jun 2017 04:15pm EDT 

June 22 (Reuters) - Synnex Corp ::Synnex Corporation reports fiscal 2017 second quarter results.Sees Q3 2017 non-gaap earnings per share $1.94 to $2.02.Sees Q3 2017 earnings per share $1.68 to $1.76.Sees Q3 2017 revenue $3.9 billion to $4.1 billion.Q2 revenue $3.5 billion.Qtrly earnings per share $1.83.Synnex Corp qtrly ‍non-gaap diluted EPS $2.08​.Synnex Corp - ‍board of directors has declared a quarterly cash dividend of $0.25 per common share​.Synnex - board has approved anti-dilution repurchase program of up to $300 million of its common stock over a period of up to 3 years effective July 1, 2107.  Full Article

Synnex on termination of agreement by co, in event Datatec, unit breach terms of non-solicit obligations, Datatec to pay $24.9 mln
Tuesday, 6 Jun 2017 06:53am EDT 

June 6 (Reuters) - Synnex Corp ::Synnex- Upon termination of agreement by co, in event Datatec, unit breach terms of non-solicit obligations, among others, Datatec to pay co $24.9 million.Synnex says if agreement is terminated because Datatec shareholder consent is not obtained, Datatec to pay co termination fee of $3.0 million- sec filing.Synnex - in event of cash election, if agreement terminated as certain lender consents not obtained, co to pay Datatec termination fee of $3.0 million.  Full Article

Datatec says to sell Westcon-Comstor America business for up to $800 mln
Tuesday, 6 Jun 2017 01:05am EDT 

June 6 (Reuters) - Datatec Ltd ::Datatec - to sell Westcon-Comstor North America and Latam operations for up to $800 million and 10 pct of rest of westcon-comstor for $30 million to Synnex.Datatec- to dispose of Westcon-Comstor business in North America ,Latin America for maximum consideration of $800 million, to sell 10% of remaining part of westcon synnex, for $30 million.Maximum consideration of $830 million equates to an equity valuation of total Westcon-Comstor division of $1.1 billion.Closing of transaction is subject to a number of conditions including shareholder and regulatory approvals.Consideration includes a contingent element of up to $200 million payable in cash after determination of results for fy ending 28 february 2018.Datatec anticipates that deferred and contingent cash payment of up to $200 million will be returned to shareholders in due course.Expected date for completion of transaction is towards end of third calendar quarter of 2017.  Full Article

Synnex to buy Westcon-Comstor Americas business
Tuesday, 6 Jun 2017 01:02am EDT 

June 6 (Reuters) - Synnex Corp ::Synnex to acquire westcon-comstor north america and latin america businesses.Deal for $500 mln in stock and $100 mln in cash at closing.Synnex - synnex will acquire datatec's westcon-comstor Americas business and become minority shareholder in Datatec's westcon emea and apac businesses.Deal includes up to $200 mln earn out if certain financial targets are achieved through feb 2018.$30 million for 10% ownership of datatec's westcon emea and apac businesses.Revenues for q2 ended may 31st are now estimated to come in above high end of guidance range of $3.575-$3.775 billion.Non-Gaap eps is estimated to come in above high end of guidance range of $1.70 - $1.78 for q2.Q2 earnings per share view $1.76, revenue view $3.66 billion -- Thomson Reuters I/B/E/S.  Full Article

Synnex Corp reports Q1 diluted EPS of $1.54
Monday, 27 Mar 2017 04:15pm EDT 

Synnex Corp : Synnex Corporation reports fiscal 2017 first quarter results . Q1 revenue $3.52 billion versus I/B/E/S view $3.48 billion . Sees Q2 2017 non-GAAP earnings per share $1.70 to $1.78 . Sees Q2 2017 earnings per share $1.44 to $1.52 . Sees Q2 2017 revenue $3.57 billion to $3.77 billion . Qtrly diluted EPS $1.54 . Qtrly non-gaap diluted EPS $1.82 . Q1 earnings per share view $1.66 -- Thomson Reuters I/B/E/S .Q2 earnings per share view $1.74, revenue view $3.62 billion -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-MiTAC Holdings unit disposes 451,000 shares of SYNNEX for $58.8 mln

* Says co's unit Silver Star Developments Ltd disposes 451,000 shares of SYNNEX CORPORATION, for $58.8 million in total ($130.3 per share)