FREMONT, Calif. (AP) _ Synnex Corp. (SNX) on Tuesday reported fiscal fourth-quarter net income of $119.4 million.

On a per-share basis, the Fremont, California-based company said it had net income of $1.24. Earnings, adjusted for one-time gains and costs, were $2.86 per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.66 per share.

The high-tech contractor posted revenue of $15.61 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $15.52 billion.

For the year, the company reported profit of $395.1 million, or $6.24 per share. Revenue was reported as $31.61 billion.

For the current quarter ending in March, Synnex expects its per-share earnings to range from $2.55 to $2.85.

The company said it expects revenue in the range of $14.75 billion to $15.75 billion for the fiscal first quarter.

Synnex expects full-year earnings in the range of $10.80 to $11.20 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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