Synnex experienced its fourth consecutive quarter in which sales declined, dropping 2.4 percent to $3.13 billion, while non-GAAP earnings fell 6.1 percent, to $54.6 million.
CRN spoke with Synnex CEO Kevin Murai after the earnings call about what caused Synnex to oversteer to profitability at the expense of sales, why the distributor’s networking and campus WiFi businesses fared well last quarter, and why the Fremont, Calif.-based distributor will benefit from the disruption created by Tianjin Tianhai’s pending acquisition of Ingram Micro, which would result in Ingram Micro being folded into Hainan, China-based HNA Group.
