Investing.com - Synnex reported on Tuesday third quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Synnex announced earnings per share of $2.74 on revenue of $15.36B. Analysts polled by Investing.com EPS of $2.74 on revenue of $15.04B.
Synnex 's are down 13% and is trading at $84.46 , still down 29.20% from its 52 week high of $119.30 set on Wednesday, January 5, 2022.
Synnex follows other major Information Technology sector earnings this month
Synnex's report follows an earnings beat by Broadcom on Thursday, September 1, 2022, who reported EPS of $9.73 on revenue of $8.46B, EPS of $9.56 on revenue of $8.41B.
Oracle had missed expectations on Monday, September 12, 2022 with first quarter EPS of $1.03 on revenue of $11.45B, for EPS of $1.07 on revenue of $11.33B.
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