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Shares of Synnex (SNX) - Get TD SYNNEX Corporation Report jumped 17% on Wednesday after the information-technology company beat third-quarter earnings expectations. 

The company reported a 28.6% increase in revenue to $6.2 billion, ahead of analysts' expectations of $5.7 billion. Net income was $123.1 million, up 83.9% from $66.9 million a year earlier.

Earnings per share came in at $3.30, which was ahead of expectations of $2.86 and up from $2.51 a year ago.

"Our record performance reflects the continued success of our go-to-market strategies in each business segment," Dennis Polk, Synnex president and CEO said in a release. "In the third quarter, our Technology Solutions revenue and earnings growth were exceptional, while Concentrix delivered another quarter of revenue expansion and superior execution."

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For the fourth quarter, the company is forecasting revenue in the range of $5.85 billion to $6.15 billion, net income in the range of $180.5 million to $191 million and earnings per share in the range of $3.50 to $3.70. Analysts are forecasting revenue of $6 billion and earnings of $3.56 in the fourth quarter. 

The stock was trading up 17% to $112.07. Synnex shares have risen more than 20% over the past year.