SNX, SYNNEX Corp.
** On its fiscal 2011 third quarter, SNX posted revenues of $2.572 billion dollars, a 18.1% increase year over year.
Based on SNX's current expectations, for the fourth quarter of fiscal 2011 SNX's revenue is expected to be in the range of $2.78 billion to $2.88 billion.
SNX is a leading business process services company, servicing resellers, retailers and original equipment manufacturers in multiple regions around the world. SNX provides services in IT distribution, supply chain management, contract assembly and business process outsourcing.
More about SNX at www.synnex.com.
SABA, Saba Software Inc.
** 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.
SABA's total deferred revenue was $43.8 million at the end of the first quarter of fiscal year 2012, up 29% year-over-year.
For fiscal year 2012, ending May 31, 2012, SABA reiterates its forecast of total GAAP revenues to be in the range of $130 million to $133 million and total billings to grow in the range of 16% to 18% in fiscal year 2012 over fiscal year 2011.
SABA provides a unified set of People Cloud Applications including learning management, talent management, enterprise social networking and real-time collaboration delivered through the Saba People Cloud. SABA solutions help organizations leverage their people networks to become more competitive through innovation, speed, agility, and trust.
More about SABA at www.saba.com
GCOM, Globecomm Systems Inc.
** GCOM reported that it has been awarded multiple contracts from US Government Agencies and prime contractors for its Auto Explorer family of products, valued at $3.5 million.
GCOM will supply multiple Auto Explorer Terminals including its recently announced Auto Explorer 1.2 meter Lightweight Transport (LT), its WGS-certified Auto Explorer? 1.2 meter multi-band (X/Ku/Ka) terminal, and GCOM's Auto Explorer 0.77M Ku band system. Deliveries will ship within the next 3 months.
GCOM is a leading global provider of satellite-based managed network solutions. Employing its expertise in emerging communication technologies GCOM is able to offer a comprehensive suite of system integration, system products, and network services enabling a complete end-to-end solution for its customers.
More about GCOM at www.globecommsystems.com
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