Systemax: 4Q Earnings Snapshot

PORT WASHINGTON, N.Y. (AP) _ Systemax Inc. (SYX) on Tuesday reported fourth-quarter net income of $16.2 million.

The Port Washington, New York-based company said it had profit of 41 cents per share. Earnings, adjusted to account for discontinued operations, came to 42 cents per share.

The technology products marketer posted revenue of $273.9 million in the period.

For the year, the company reported profit of $65.4 million, or $1.71 per share. Revenue was reported as $1.03 billion.

Systemax shares have risen 24% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $44.41, a rise of 95% in the last 12 months.


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