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Last $78.07 USD
Change Today +0.88 / 1.14%
Volume 174.4K
SNX On Other Exchanges
New York
As of 8:04 PM 05/6/15 All times are local (Market data is delayed by at least 15 minutes).

synnex corp (SNX) Snapshot

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Day High
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52 Week High
03/25/15 - $80.28
52 Week Low
10/15/14 - $59.27
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Dividend Yield
Current Stock Chart for SYNNEX CORP (SNX)

synnex corp (SNX) Details

SYNNEX Corporation provides business process services to resellers, retailers, and original equipment manufacturers in the United States, Japan, and internationally. It operates in two segments, Technology Solutions and Concentrix. The Technology Solutions segment distributes peripherals; information technology systems, including data center server and storage solutions; system components; software; networking equipment; consumer electronics; and complementary products. This segment also provides systems design and integration solutions comprising contract assembly services, including systems design, build-to-order, configure-to-order, and assembly capabilities; and value added services that consist of kitting, reconfiguration, asset tagging, and hard drive imaging services. The Concentrix segment offers business services that are focused on process optimization, customer engagement strategy, and back-office automation to clients in various industry verticals. This segment’s portfolio of services comprises end-to-end process outsourcing services. The company also provides logistics services consisting of outsourced fulfillment, virtual distribution, and direct ship to end-users; financing services comprising net terms, third party leasing, floor plan financing, letters of credit backed financing, and payment services; marketing services, such as direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, trade shows, trade groups, database analysis, print on demand services, and Web-based marketing; online services; and technical support services. The company was formerly known as SYNNEX Information Technologies, Inc. and changed its name to SYNNEX Corporation in October 2003. SYNNEX Corporation was founded in 1980 and is headquartered in Fremont, California.

65,000 Employees
Last Reported Date: 04/7/15
Founded in 1980

synnex corp (SNX) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $608.7K
Chief Financial Officer
Total Annual Compensation: $414.4K
Chief Operating Officer and Director
Total Annual Compensation: $441.3K
President of North American Distribution
Total Annual Compensation: $441.3K
Executive Vice-President and President of Con...
Total Annual Compensation: $405.3K
Compensation as of Fiscal Year 2014.

synnex corp (SNX) Key Developments

SYNNEX Corporation Signs Distribution Agreement with Spectrum Business

SYNNEX Corporation has signed a distribution agreement with Spectrum Business, a division of Charter Communications, to offer its high-speed able-based internet and voice products to resellers and telecom agents buying through the IT channel. With this addition, SYNNEX continues to expand the geographic reach of its business cable practice through its MOBILITYSolv group, which provides end-to-end mobility and connectivity solutions to help resellers and telecom agents bring their customers solutions to increase employee productivity in a highly mobile world. By signing Spectrum Business, SYNNEX now covers the majority of the business cable markets in the US, significantly contributing to MOBILITYSolv group's goal of the charge in this segment of the IT market. Spectrum Business products available through SYNNEX include: High-speed cable-based internet; Business phone service; Optical Ethernet; and Fiber Internet. High-speed cable-based internet supports bandwidth-intensive tasks such as web conferencing, cloud computing, video streaming and large file transfers. Business phone service helps business owners keep in touch with customers and employees more efficiently with cost-effective and scalable tools. Offerings include standard business phone service with enhanced calling features as well as PRI and SIP Trunking support models. Optical Ethernet provides 5Mbps up to 1Gbps networking that can be scaled to the needs of businesses, delivered via a direct fiber optic connection. Fiber Internet provides 5Mbps up to 10Gbps internet access when symmetrical speeds are needed, delivered via a direct fiber optic connection.

SYNNEX Corp. Releases Enhanced ECExpress 7.0 eCommerce Platform

SYNNEX Corp. announced that it has developed an enhanced version of its ecommerce platform ECExpress for its North American customers. Based on customer feedback, the new intuitively designed platform has been refined to reduce the time customers spend searching for and purchasing products from a single pane of glass, giving them more time to focus on servicing the needs of their customers. Through the new dashboard on the ECExpress home page, resellers will be able to: Check SYNNEX inventory and prices with a single click, with enhanced search engine optimization which has improved accuracy and relevancy of keyword searches; confirm order status and find out product availability and the SYNNEX warehouse from which products would ship; order from a unified shopping cart from SYNNEX microsites such as CLOUDSolv, RENEWSolv, SERVICESolv and other Technology Solutions platforms, allowing the reseller to more easily review an order to ensure the reseller has everything it needs; easily find account summaries; and manage vendor product promotions and multiple incentive programs from one location through PROMOCentral, SYNNEX's proprietary promotional management platform. ECExpress 7.0 is expected to roll out to a select group of power users in May, then expected to become available to the rest of the customer base later in the year.

SYNNEX Corporation to Expand U.S. Distribution Headquarters in Greenville County

SYNNEX Corporation announced that the company will expand its existing facility with a 40,000-square-foot addition to accommodate its growing workforce. The $6.5 million expansion will allow the company to hire 150 additional full-time associates to address the fast-paced growth of the company.


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Price/Earnings 16.3x
Price/Sales 0.2x
Price/Book 1.8x
Price/Cash Flow 12.1x
TEV/Sales 0.1x

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