Synnex Q3 results beat street view; stock falls on weak guidance
Benefitting from the stable demand for technology solutions, Synnex Corp. (SNX) registered strong earnings growth in the third quarter, which exceeded market expectations. However, the company’s stock dropped after the business process services provider provided below-consensus guidance for the fourth quarter. Adjusted earnings, excluding one-time items, jumped 19% annually to $2.57 per share in the … Continue reading Synnex Q3 results beat street view; stock falls on weak guidance
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