call and today. Thank for our you, Mary, thank joining you
to the recent the all know, the virus been As surrounding say we COVIDXX has least. events extraordinary
of few commentary on this impacted our All state of additional I communities, pandemic. have will as and individuals, current a provide minutes. in business by significantly been us the organizations
I worked for run ensure considerably to begin thanking time. of sincere team who during the team our our also and well-being clock the their to want But to associates. efforts my the the business appreciation globe around extent this our first to I tirelessly throughout safety by want has to
Concentrix uncertainty significant our and deal have clients to in and shine and deal world, rapid have change business all and have for with the performed the with and and brighter personal Most circumstances customers had spirit SYNNEX never life under the solidly vendors. associates yet
current the to live today. holding most transparency in accurate and challenging call is believe We value the it a we of time Given have to stakeholders. deliver information questioned environment best the all possible
we Since format our environment, for in certainly call. different have we traditional are a our altered
discuss And For updates. follow Concentrix our TS current will over then Chris financial comment close will will the to up topics on to a our results call I today, Marshall transition Q&A. environment state then and our with business. I briefly of QX and turn current the will and few
Our good. We first results. quarter very margins solid EPS delivered was and
headline revenue growth strong. fundamentals the appeared the While underlying muted, were
likely COVID-XX expectation have in January. for phases if initial Asia better Our the of would that Concentrix been in grew business to operation starting late some impacted and not our
the initial TS to Our solid with the of chain in related market likely, phases the end very some Concentrix, of at disruption the to to quarter, the the similar were above there growth overall, Distribution due weakness supply business virus. was
business, Hyve on growth as cloud our was a manufacturing Weighed decline. topline had TS year-over-year we
we a As be over can the business. this indicated lumpy have years,
TS inventory an in very good recall, our expected QX, a backlog had higher part may off this was in thus QX. business. of just you it much Starting As we than likely in QX, order offset and
top and is our quarter priority the Moving health to thoughts, current of associates. our safety
business implemented continuity and we protocol plans. have to business initiated We have minimize disruptions necessarily
rapidly in from requirements environment home been and an have team we globe. members can’t of others, changing environments, home at to many for rapidly those that moving work institute across policies manage government Like safety the work
in the surrounding world, a the not around the QX are we guidance. and uncertainty U.S. provide situation in the position Given to
a provide the then will I Concentrix TS it business a to though, few earlier update. turn Chris indicated and thoughts for over on As
In business, for delivery we run products rate work positive seeing at home, to are to at in due support all this demand. health March urgency to This learn pandemic slightly normal essentially to home, at personnel point, home, the the assisting and the our the and crisis. and TS safety is clearly
terms In needs, increased main business, of high active, as well. the to our with manufacturing support have are operations to customers with their appear outbreak our our helping which
these or is once the fluid, a environment effects through we of drop shock. working if to will and birth rates visibility the so if have economy initial of continue the don’t Given still the is is the this over know occur will demand
will it will environment. how This IT what in IT shown business a Either ready time be to traditional chain be and a critical for way, and model be we definitely is needs the place important more our business and supporting for has forward. supply our how our return marketplace going
I call will over now turn to the Chris.
