TD SYNNEX (SNX)

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SNX Expands Its Partner Base With LastPass: What Should Investors Do?
ZACKS· 2024-12-04 18:26
TD SYNNEX (SNX) shares have gained 13.7% in the year-to-date period, underperforming the Zacks Computer and Technology Sector and the S&P 500 index’s growth of 30.6% and 27.1%, respectively. Although SNX’s current situation reflects low confidence among investors, the company is continuously expanding its footprint through new partnerships.Recently, TD SYNNEX partnered with LastPass to make the latter’s password and identity management products accessible to IT resellers and managed service providers in Nor ...
TD Synnex: Growing And Improving With Potential 22.4% Return From Covered Calls
Seeking Alpha· 2024-10-29 15:08
TD SYNNEX Corporation (NYSE: SNX ) is a distributor and solutions aggregator for the IT ecosystem with diversified revenue streams. They have over 150,000 customers in more than 100 countries. The company aggregates and distributes IT hardware, software, and systems, including personal computing devices My primary focus is on value stocks showing growth potential. The 3-part strategy includes recognizing macro trends, seeking innovation, and capitalizing on event overreaction. The process begins by running ...
TD SYNNEX Expands AI Capabilities Through Partnership With Iterate.ai
ZACKS· 2024-10-10 14:20
TD SYNNEX Corporation (SNX) , a global leader in IT distribution and solutions, has formed a strategic partnership with Iterate.ai to bring advanced AI-driven tools to its extensive reseller network. This collaboration positions TD SYNNEX as a key player in accelerating AI adoption, enhancing its portfolio with solutions designed to meet the growing demand for secure, enterprise-level AI applications. Through this partnership, TD SYNNEX resellers now have access to Iterate.ai's cutting-edge technologies, su ...
TD SYNNEX (SNX) - 2024 Q3 - Quarterly Report
2024-10-03 20:02
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________________________ FORM 10-Q _______________________________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period ...
Don't Overlook TD SYNNEX (SNX) International Revenue Trends While Assessing the Stock
ZACKS· 2024-09-30 14:15
Have you evaluated the performance of TD SYNNEX's (SNX) international operations for the quarter ending August 2024? Given the extensive global presence of this high-tech contractor, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth. In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journey. Investors must und ...
TD SYNNEX Beats on Q3 Earnings: Can Strong Sales View Lift the Stock?
ZACKS· 2024-09-27 11:16
TD SYNNEX Corporation (SNX) reported better-than-expected third-quarter fiscal 2024 results. The company reported non-GAAP earnings of $2.86 per share, surpassing the Zacks Consensus Estimate of $2.80. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The bottom line increased 2.9% from the year-ago quarter's earnings of $2.78 per share. The improvement reflects the benefits of higher revenues, which more than offset the negative impact of a decline in gross profit. SNX's quarterly r ...
TD SYNNEX (SNX) - 2024 Q3 - Earnings Call Transcript
2024-09-26 16:32
TD SYNNEX Corporation (NYSE:SNX) Q3 2024 Results Conference Call September 26, 2024 9:00 AM ET Company Participants David Jordan - Chief Financial Officer of Americas and Head of Investor Relations Patrick Zammit - Chief Executive Officer Marshall Witt - Chief Operating Officer Conference Call Participants David Vogt - UBS Keith Housum - Northcoast Research David Paige - RBC Capital Markets Adam Tindle - Raymond James Michael Ng - Goldman Sachs Joseph Cardoso - JPMorgan Ruplu Bhattacharya - Bank of America ...
TD SYNNEX (SNX) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-09-26 14:32
For the quarter ended August 2024, TD SYNNEX (SNX) reported revenue of $14.68 billion, up 5.2% over the same period last year. EPS came in at $2.86, compared to $2.78 in the year-ago quarter. The reported revenue represents a surprise of +4.00% over the Zacks Consensus Estimate of $14.12 billion. With the consensus EPS estimate being $2.80, the EPS surprise was +2.14%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expe ...
TD SYNNEX (SNX) Q3 Earnings and Revenues Surpass Estimates
ZACKS· 2024-09-26 14:20
TD SYNNEX (SNX) came out with quarterly earnings of $2.86 per share, beating the Zacks Consensus Estimate of $2.80 per share. This compares to earnings of $2.78 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 2.14%. A quarter ago, it was expected that this high-tech contractor would post earnings of $2.76 per share when it actually produced earnings of $2.73, delivering a surprise of -1.09%. Over the last four quarters, the c ...
TD SYNNEX (SNX) - 2024 Q3 - Quarterly Results
2024-09-26 12:05
Exhibit 99.1 TD SYNNEX Reports Fiscal 2024 Third Quarter Results • Revenue of $14.7 billion, at the upper end of our outlook of $13.3 - $14.9 billion. • Non-GAAP gross billings of $20.3 billion, above the high end of our outlook of $18.9 - $20.1 billion. • Net income of $179 million, and non-GAAP net income of $245 million, above the midpoint of our outlook. • Diluted earnings per share ("EPS") of $2.08, and non-GAAP diluted EPS of $2.86, above the midpoint of our outlook. • Cash provided by operations of $ ...