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SYNNEX Q2 FY19

Market Infosynnex logo

Reported 6/25/19 after-hours

6/26/19 opening price change: 5.17%

Ticker: NYSE: SNX

Shares Outstanding: 51.22M

Market Cap: $4.713B

 

Income Statement

  • Q2 Revenue up 6% YoY from $4.908B to $5.723B
    • Services Revenue up 73% YoY from $486.2M to $1.15B
    • Product Revenue up 28% YoY from $4.42B to $4.57B
  • Gross Profit up 75% YoY from $429.1M to $698.4M
    • Gross Profit Margin up 560bp YoY from 7% to 15.3%
  • Operating Income up 85% YoY from $124.0M to $174.7M
  • Net Income up 09% YoY from $93.7M to $114.5M
  • Fully diluted Q1 EPS down (4.70%) YoY from $2.34 to $2.23

Balance Sheet

  • Cash $271.49M
  • Debt $3.521B
SYNNEX
May-19 Feb-19 Nov-18 Aug-18 May-18 Feb-18
Valuation Ratios
Price / Earnings 11.86 11.24 13.97 15.09 18.79
Price / Book Value 1.42 1.19 1.63 1.82 2.12
Dividend Yield (%) 1.45 1.73 1.39 1.17 0.93
Enterprise Value / EBITDA 11.12 12.55 12.07 10.4 10.79 12.08
Enterprise Value / Sales 7.63 8.89 8.72 7.54 7.96 9.09

Source: Factset