Synnex Corp. shares rose in the extended session Thursday after the business process services company topped Wall Street estimates for the quarter and issued a healthy outlook. Synnex shares rose 5.1% to $98.75 after hours. The company reported adjusted fiscal second-quarter earnings of $1.37 a share on revenue of $3.38 billion. Analysts surveyed by FactSet had forecast earnings of $1.31 a share on revenue of $3.28 billion. Synnex estimates adjusted third-quarter earnings of $1.52 to $1.57 and share on revenue of $3.4 billion to $3.53 billion. Analysts expect $1.52 a share on revenue of $3.4 billion.
Continue Reading Below
Copyright © 2016 MarketWatch, Inc.