SYNNEX Corporation (N:SNX)

Business Focus: Computer Peripherals

Sector:  Technology Industry:  Computer Hardware
See Regulatory Filings on SEC
Company Contact
Address: 44201 Nobel Dr
FREMONT CA 94538-3178
Tel: 1-510-668-8436
IR: See website
Key People
Kevin Masazo Murai
Chairman of the Board
Dennis J. Polk
President, Chief Executive Officer, Director
Marshall W. Witt
Chief Financial Officer
Peter Larocque
President of North American Technology Solutions
Christopher Caldwell
Executive Vice President, President of Concentrix Corporation
Simon Y. Leung
Senior Vice President, General Counsel, Corporate Secretary
Business Overview
Synnex Corporation is a business process services company. The Company provides a range of distribution, logistics and integration services for the technology industry and providing outsourced services focused on customer engagement strategy. The Company operates in two segments: Technology Solutions and Concentrix. The Company's Technology Solutions segment distributes peripherals, information technology (IT) systems, including data center server and storage solutions, system components, software, networking/communications/security equipment, and consumer electronics (CE) and complementary products. Within its Technology Solutions segment, the Company also provides systems design and integration solutions. The Company's Concentrix segment offers a portfolio of solutions and end-to-end business services focused on customer engagement strategy, process optimization, technology innovation, front and back-office automation and business transformation.
Financial Overview
For the three months ended 28 February 2019, SYNNEX Corporation revenues increased 17% to $5.25B. Net income applicable to common stockholders excluding extraordinary items increased 32% to $86.3M. Revenues reflect Concentrix segment increase from $507.7M to $1.17B, Technology Solutions segment increase of 2% to $4.08B, Other Foreign segment increase of 44% to $1.9B, United States segment increase of 6% to $3.35B, Online Sales.
Employees: 230,000 as of Feb 28, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $8,117M as of Feb 28, 2019
Annual revenue (TTM): $20,810M as of Feb 28, 2019
EBITDA (TTM): $951.31M as of Feb 28, 2019
Net annual income (TTM): $351.71M as of Feb 28, 2019
Free cash flow (TTM): -$248.59M as of Feb 28, 2019
Net Debt Last Fiscal Year: $3,279M as of Feb 28, 2019
Shares outstanding: 51,219,234 as of Apr 2, 2019
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization