Welcome to CRWENewswire, Stocks to watch for Wednesday September 28th, 2011. I am Shalika Jayasekera. On its Fiscal 2011 Third Quarter, SYNNEX Corporation - symbol SNX - posted revenues of $2.572 billion dollars, a 18.1% increase year over year. Saba Software Incorporated - symbol SABA - reported for the First Quarter Fiscal Year 2012, GAAP revenues of $30.6 million, a 13% increase compared to the same period the prior year. and finally; Globecomm Systems Incorporated - symbol GCOM - has been awarded multiple contracts from US Government Agencies and prime contractors for its Auto Explorer family of products, valued at $3.5 million. Thank you for joining me and stay with us! For CRWE Newswire, Stocks to Watch, I’m Shalika Jayasekera
Welcome to CRWE Newswire, I’m Noemi Saenz. Today’s Company highlight is SYNNEX Corporation trading with the symbol SNX. SYNNEX Corporation (SNX) reported financial results for the fiscal second quarter ended May 31, 2011. Highlights include: Revenue from continuing operations was $2.46 billion, an increase of 22.5% over the prior fiscal year quarter; Global Business Services revenue from continuing operations was $38.8 million, an increase of 40.2% compared to the same period prior year. For the third quarter of fiscal 2011, SYNNEX expects its Revenue to be in the range of $2.54 billion to $2.64 billion, and its Net income to be in the range of $32.8 million to $34.2 million.