Shares of CLMB are plunging approximately 20.35% on Thursday, April 30, 2026, falling from a prior close of $21.27 to approximately $16.94 — a near two-year low — as Q1 2026 results released April 29 exposed a fundamental disconnect between headline revenue growth and underlying earnings quality, with adjusted EPS of $0.19 missing the $0.23 consensus by 16.48% despite a 32% revenue surge driven primarily by the InterWorks acquisition.

Discover the latest market turmoil! Dive into the details of Group Specialty's steep decline, where $GLW, $CC, $RYAM, $OLN, and $SCSC stocks plummeted by 6.94% in just one week. Explore the factors driving this downturn and what it means for these notable companies. Don't miss this in-depth analysis!

Synnex posted earnings of $3.03 per share for the quarter ended February 2022, exceeding the Zacks Consensus Estimate of $2.74 per share. The figure is also higher than the year-ago quarter’s $1.89 per share. The IT services company’s revenues of $15.47 billion also surpassed the Zacks Consensus Estimate by 1.27%. Revenues were $4.94 billion in the year-ago quarter. The company has topped...

 It will remain one of the top three IT distributors in the Americas and Japan, according to Synnex. The other entity, Concentrix, will concentrate on customer experience in eight industries, including technology, financial services and media, and serve more than 125 of the Global Fortune 200 companies.The business generates annual revenue of about $4.7 billion, according to Synnex. After the separation, Synnex shareholders will own shares of both Synnex Technology and Concentrix. For the fiscal fourth quarter, Synnex’s adjusted earnings came in at $4.26 a share, exceeding analysts’ expectation of  $3.61 a share.