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TD SYNNEX Q3 2023 Earnings Report

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$134.53 -2.96 (-2.15%)
As of 09:29 AM Eastern
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TD SYNNEX EPS Results

Actual EPS
$2.78
Consensus EPS
$2.47
Beat/Miss
Beat by +$0.31
One Year Ago EPS
$2.69

TD SYNNEX Revenue Results

Actual Revenue
$13.96 billion
Expected Revenue
$14.11 billion
Beat/Miss
Missed by -$145.02 million
YoY Revenue Growth
-9.10%

TD SYNNEX Announcement Details

Quarter
Q3 2023
Time
Before Market Opens

Conference Call Resources

TD SYNNEX Earnings Headlines

RBC Capital Keeps Their Buy Rating on TD SYNNEX Corporation (SNX)
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TD Synnex price target raised to $165 from $140 at RBC Capital
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About TD SYNNEX

TD SYNNEX (NYSE:SNX) operates as a distributor and solutions aggregator for the information technology (IT) ecosystem. The company offers personal computing devices and peripherals, mobile phones and accessories, printers, supplies, and endpoint technology software; and data center technologies, such as hybrid cloud, security, storage, networking, servers, technology software, and converged and hyper-converged infrastructure, as well as computing components. It also provides systems design and rack integration, build-to-order, and configure-to-order assembly; and thermal testing, power-draw testing, burn-in, and quality and logistics support. In addition, the company offers outsourced fulfillment, virtual distribution, and direct ship to end-users; shipping documents generation, multi-level serial number tracking, and configured products and online order and shipment tracking, as well as turn-key logistics solutions. Further, it provides public cloud solutions in productivity and collaboration, IaaS, or Infrastructure as a Service, PaaS, or Platform as a Service, SaaS, or Software as a Service, security, mobility, IoT, and other hybrid solutions. Additionally, the company offers online services; provides net terms, third party leasing, floor plan financing, and letters-of-credit backed financing and arrangement; and leases products and provides device-as-a-service, as well as offers direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, national and regional trade shows, trade groups, database analysis, print on demand services, and web-based marketing. It serves value-added resellers, corporate resellers, government resellers, system integrators, direct marketers, retailers, and managed service providers. The company was formerly known as SYNNEX Corporation and changed its name to TD SYNNEX Corporation in September 2021. TD SYNNEX Corporation was founded in 1974 and is headquartered in Fremont, California.

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