FREMONT, Calif. (AP) 鈥� FREMONT, Calif. (AP) 鈥� TD SYNNEX Corporation (SNX) on Thursday reported fiscal second-quarter earnings of $334.1 million.
The Fremont, California-based company said it had profit of $4.15 per share. Earnings, adjusted for one-time gains and costs, were $4.85 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $4.07 per share.
The high-tech contractor posted revenue of $19.57 billion in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $16.84 billion.
For the current quarter ending in August, TD SYNNEX expects its per-share earnings to range from $4.25 to $4.75.
The company said it expects revenue in the range of $18.2 billion to $19 billion for the fiscal third quarter.
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