Synnex Corp. shares rallied in the extended session Monday after the business process services company’s earnings and outlook topped Wall Street estimates. Synnex shares surged 9% to $127 after hours. The company reported fiscal third-quarter net income of $75.2 million, or $1.87 a share, compared to $58.7 million, or $1.47 a share, in the year-ago period. Adjusted earnings were $2.16 a share. Revenue rose to $4.28 billion from $3.67 billion in the year-ago period. Analysts surveyed by FactSet had estimated $1.97 a share on revenue of $4 billion. For the fiscal fourth quarter, Synnex estimates adjusted earnings of $2.63 to $2.73 a share on revenue of $4.75 billion to $4.95 billion. Analysts had forecast earnings of $2.52 a share on revenue of $4.47 billion.
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