Key Takeaways:
- SNX reported Q2 revenue of $19.57B, beating the $16.97B consensus estimate
- EPS came in at $4.85, topping analyst expectations of $4.18
- The company delivered a 15.3% revenue beat for the June quarter
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SNX beats Q2 estimates with $19.6B revenue as earnings top forecasts
SNX reported Q2 revenue of $19.57B, beating consensus by $2.6B, while EPS of $4.85 topped estimates of $4.18.
The results exceeded analyst projections on both the top and bottom lines for the quarter ended June 30. Revenue came in 15.3% above the $16.97B consensus, while earnings per share surpassed the $4.18 estimate by $0.67, a 16% upside.
The company did not disclose forward guidance or segment-level breakdown in the release. Prior-year comparable figures and stock price reaction were also not yet available.
The earnings beat shows strong execution in the June quarter. Investors will watch for updated guidance on the upcoming earnings call.
This article is for informational purposes only and does not constitute investment advice.
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