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Technical Analysis
- 8/28/2008 1:34:10 PM
By Chip Brian, SmarTrend Analytics Team
After market close yesterday Synnex Corp. (NYSE:SNX) reported 4Q profits. Net income for the quarter increased 29% from $15.6 million or $0.48 a share the same time last year to $20.2 million or $0.61 a share. Revenue for the 4Q climbed 13% from $1.74 billion last year to $1.97 billion. The company projects 1Q earnings of $0.49 - $0.51 a share on revenue of $1.73 - $1.78 billion.
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