SHI’s Q3 revenue jumps on strong legacy and emerging partner performance
SHI’s Q3 was yet another stellar three months: The company’s quarterly revenue of $1.7 billion (a 14 percent year-over-year increase) pushes up our 2015 revenue to $4.7 billion – a record for the first nine months of a calendar year. In Q3, legacy partners like Microsoft, Dell, Adobe, Symantec, HP, and Cisco continued to perform very strongly. Our emerging partners — Lenovo, Apple, Tableau, and Pure Storage – were the top incremental new revenue drivers, which highlights the trend we’re seeing of customers investing in big data/business analytics tools, as well as flash storage and mobility solutions.
There’s more exciting news, too. SHI was recently honored by The Channel Company with the 2015 CRN Triple Crown Award, a remarkable accomplishment and a true testament to our hard-working staff, our close partnerships with the world’s largest IT companies, and our relationships with our valued customers. This award means SHI ranked on the Solution Provider 500, the Fast Growth 150, and the Tech Elite 250. Being included on one list is an honor, but being ranked in all three is quite the feat. Fewer than 60 North American companies had the necessary revenue, growth, and expertise to be Triple Crown Award winners, and SHI was one of them.
For CEO Thai Lee’s perspective on SHI’s Q3 results, as well as more facts and figures, read our official press release.