Ups And Downs In Channel Company Stocks For Q1 2017

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Synnex Corp.

CEO: Kevin Murai

Dec. 30, 2016: $121.02

March 31, 2017: $111.94

Change: -7.50%

In March Synnex announced that it had been named a strategic authorized North American distribution partner in the new Dell EMC Partner Program.

Also in March Synnex said that in its fiscal 2017 first quarter (ended Feb. 28. 2017) revenue grew 12.6 percent to $3.52 billion from $3.13 billion in the same quarter one year earlier. Net income for the quarter was $61.8 million, up more than 32 percent from $46.6 million one year before.