Last $69.08 USD
Change Today -0.76 / -1.09%
Volume 197.2K
SNX On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 04/23/14 All times are local (Market data is delayed by at least 15 minutes).

synnex corp (SNX) Snapshot

Open
$69.68
Previous Close
$69.84
Day High
$69.99
Day Low
$68.73
52 Week High
04/4/14 - $79.44
52 Week Low
04/24/13 - $33.15
Market Cap
2.7B
Average Volume 10 Days
194.7K
EPS TTM
$2.94
Shares Outstanding
39.1M
EX-Date
--
P/E TM
23.5x
Dividend
--
Dividend Yield
--
Current Stock Chart for SYNNEX CORP (SNX)

synnex corp (SNX) Related Businessweek News

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synnex corp (SNX) Details

SYNNEX Corporation provides distribution and business process outsourcing (BPO) services to resellers, retailers, and original equipment manufacturers (OEMs) primarily in North America. It operates in two segments, Distribution Services and Global Business Services (GBS). The Distribution Services segment distributes information technology (IT) products, such as IT systems, peripherals, system components, software, networking equipment, consumer electronics, and complementary products to value-added resellers, system integrators, and retailers. This segment also offers data center server and storage solutions; and contract assembly services, including systems design, build-to-order, configure-to-order, and assembly capabilities, as well as value added services comprising kitting, reconfiguration, asset tagging, and hard drive imaging. The GBS segment provides BPO services, including customer management, renewals management, back office processing, and IT outsourcing through voice, chat, Web, email, and digital print. The company also provides logistics services consisting of outsourced fulfillment, virtual distribution, and direct ship to end-users; financing services comprising net terms, third party leasing, floor plan financing, letters of credit backed financing, and arrangements; marketing services, such as direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, trade shows, trade groups, database analysis, print on demand services, and Web-based marketing; and online and technical support services. It also has operations in China, India, Japan, the Philippines, Costa Rica, Hungary, Mexico, Nicaragua, and the United Kingdom. The company was formerly known as SYNNEX Information Technologies, Inc. and changed its name to SYNNEX Corporation in October 2003. SYNNEX Corporation was founded in 1980 and is headquartered in Fremont, California.

49,000 Employees
Last Reported Date: 04/8/14
Founded in 1980

synnex corp (SNX) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $600.0K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $546.2K
Chief Operating Officer and Director
Total Annual Compensation: $435.0K
President of North America Distribution
Total Annual Compensation: $435.0K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $245.0K
Compensation as of Fiscal Year 2013.

synnex corp (SNX) Key Developments

SYNNEX Corporation Launches Carrier Service Platform Via MasterStream

SYNNEX Corporation announced that its MOBILITYSolv group has launched its Carrier Service Platform via MasterStream or CPQ. SYNNEX' Carrier Service Platform offers an end-to-end automation of business processes, including pre-sales contract management, real-time instant quoting, order document automation and post-sales back office operations such as order tracking, provisioning, commission management and more. By launching its own version of MasterStream, SYNNEX enhances its MOBILITYSolv platform.

SYNNEX Corp. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended February 28, 2014; Provides Earnings Guidance for the Second Quarter of Fiscal 2014

SYNNEX Corp. announced unaudited consolidated earnings results for the first quarter ended February 28, 2014. For the period, the company reported revenue of $3,026,984,000, income before income taxes and noncontrolling interest of $60,420,000, net income of $38,458,000 and net income attributable to company of $38,417,000 or $1.01 per diluted share compared to revenue of $2,460,839,000, income before income taxes and noncontrolling interest of $51,708,000, net income of $33,391,000 and net income attributable to company of $33,369,000 or $0.88 per diluted share a year ago period. GAAP operating income was $61,950,000 against $55,940,000 a year ago. Non-GAAP operating income was $76,555,000 against $57,893,000 a year ago. Non-GAAP net income attributable to company was $47,714,000 or $1.25 per diluted share against $34,630,000 or $0.91 per diluted share a year ago. The following statements are based on the Company's current expectations for the fiscal 2014 second quarter and do not include acquisition and integration expenses and amortization of intangibles. Revenue is expected to be in the range of $3.1 billion to $3.2 billion. Non-GAAP net income is expected to be in the range of $52.7 million to $54.0 million. Non-GAAP diluted earnings per share are expected to be in the range of $1.34 to $1.38.

Carbonite Announces Distribution Agreement with SYNNEX Corporation

Carbonite, Inc. has expanded its distribution network through an agreement with SYNNEX Corporation. The agreement allows SYNNEX' CLOUDSolv group to distribute Carbonite's platform of affordable, secure and easy-to-use market-leading cloud backup solutions for small to medium-sized (SMB) businesses. SYNNEX is one of the first distributors to offer Carbonite's plans to their extensive reseller base. SYNNEX was chosen as a Carbonite distributor due to its strength in cloud solutions and the SMB technology market. SYNNEX simplifies the process of purchasing and managing cloud with CLOUDSolv, its marketplace for SaaS solutions.

 

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SNX

Industry Average

Valuation SNX Industry Range
Price/Earnings 16.8x
Price/Sales 0.2x
Price/Book 1.8x
Price/Cash Flow 17.4x
TEV/Sales 0.2x
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