SYNNEX Corporation (NYSE: SNX), a leading business process services company, today announced financial results for the fiscal third quarter ended August 31, 2013.
|Q3 FY13||Q3 FY12||Net Change|
|Operating income ($M)||$||63.5||$||57.1||11.3||%|
|Net income attributable to SYNNEX Corporation ($M) (1)||$||46.6||$||35.1||32.6||%|
|Adjusted Diluted EPS (2)||$||1.24||$||0.93||33.3||%|
|1. Q3 FY13 “Other income, net” includes a $12.3M pre-tax benefit from a class-action legal settlement|
|2. Q3 FY13 Adjusted Diluted EPS excludes one-time numerator adjustment resulting in $1.05 dilution for|
|convertible senior notes settlement. A reconciliation of non-GAAP financial information to GAAP financial|
|information is presented in the supplementary Information at the end of this release.|
“I am pleased to report record sales and solid profitability for our fiscal third quarter,” stated Kevin Murai, President and Chief Executive Officer, SYNNEX Corporation. Murai continued, “Our Distribution segment posted strong sales growth and operating margin, and our GBS segment continued its trend of double-digit sales growth.”
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