FREMONT, Calif. (AP) _ Synnex Corp. (SNX) on Thursday reported fiscal first-quarter profit of $132.3 million.

On a per-share basis, the Fremont, California-based company said it had profit of $1.37. Earnings, adjusted for one-time gains and costs, came to $3.03 per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.74 per share.

The high-tech contractor posted revenue of $15.47 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $15.28 billion.

For the current quarter ending in June, Synnex expects its per-share earnings to range from $2.40 to $2.80.

The company said it expects revenue in the range of $14.8 billion to $15.8 billion for the fiscal second quarter.

Synnex expects full-year earnings in the range of $11.15 to $11.65 per share.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SNX at https://www.zacks.com/ap/SNX

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