Shares of Synnex (SNX) - Get 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."

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.