Td Synnex Corporation (NYSE:SNX)

“While demand remains down over the prior year period, we believe the market has stabilized over the past two quarters. Our outlook for the third quarter reflects this stability as well as our capacity to operate efficiently, win share and produce increasingly profitable results,” Murai continued. “Also, we will continue to invest in key growth areas and services that will enable SYNNEX to expand our business and increase our profits and returns.”

^aThe above forecasts reflect the Company's current and preliminary views and are therefore subject to change. Please refer to the Company's Safe Harbor Statement (usually in press releases) for the factors that could cause actual results to differ materially from those contained in any forward-looking statement.

Guidance Report:

During the SYNNEX fiscal fourth quarter 2008 earnings results conference call, SYNNEX Corporation issued guidance for the fiscal first quarter 2009 period as follows:

• Revenues expected to be in the range of $1.74 billion to $1.84 billion.
• Net income expected to be in the range of $16.6 million to $17.6 million.
• Diluted earnings per share expected to be in the range of $0.50 to $0.53.

“As of today, based on our current outlook, we anticipate our EPS results will come in at the high-end, if not exceed, our stated guidance,” stated Kevin Murai, President and Chief Executive Officer at SYNNEX Corporation."