Systemax Reports Fourth Quarter And Full Year 2014 Financial Results

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Go back to Systemax Reports Fourth Quarter And Full Year 2014 Financial Results

Systemax, Inc. (SYX) Misses Q4 EPS by 22c, Revenue Beats, to Exit Retail Ops, Cut Jobs

March 10, 2015 5:05 PM EDT

Systemax, Inc. (NYSE: SYX) reported Q4 EPS of ($0.04), $0.22 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $912.6 million versus the consensus estimate of $871.5 million.

Richard Leeds, Chairman and Chief Executive Officer, said, "Fourth quarter performance was similar to the trends we have witnessed throughout 2014, with all of our B2B channels delivering revenue growth, while our retail business struggled. Our results highlight the focus we have placed on our B2B channels during the past several years and the opportunities we see in this business. Our Industrial Products Group again... More