Strong Q1 at Synnex

24 March 2006 – Fremont (CA): Synnex has posted a rise in Q1 net profit on the back of strong performances at its US and Canadian operations.

Net income from continuing operations rose to $10.7 million, or EPS of $0.34, from $8.3 million, or EPS of $0.26, in last year’s Q1.

 

Revenue increased 15 per cent to $1.50 billion from $1.31 billion a year ago.