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Exclaimer Announces Partnership with TD SYNNEX
Prnewswire· 2024-09-12 13:00
Collaboration Extends Exclaimer's Reach to Meet Demand for Email Signature Management Solutions LONDON, Sept. 12, 2024 /PRNewswire/ -- Exclaimer, the leading email signature management platform, today announced a new partnership with TD SYNNEX, a leading global distributor and solutions aggregator for the IT ecosystem. This new collaboration widens the availability of Exclaimer's best-in-class email signature solution to managed service provider (MSP) partners in North America through TD SYNNEX's distributi ...
TD Synnex: $2 Billion Buyback Program, Cloud Market, And Cheap
Seeking Alpha· 2024-08-04 14:34
J Studios TD Synnex Corporation (NYSE:SNX) is expected to make strategic investment in growing sectors like the global hybrid cloud market and artificial intelligence, which could accelerate future net sales growth. The company is at the same time implementing very ambitious cost optimization efforts that may also lead to FCF growth in the future. Also taking into account the recent approval of a new $2.0 billion share repurchase program, SNX may draw significant attention of the investment community. Like ...
TD SYNNEX (SNX) - 2024 Q2 - Quarterly Report
2024-07-03 17:03
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________________________ For the transition period from _________ to _________ Commission File Number: 001-31892 _______________________________________________________________________ o Table of Contents Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 42 Item 5. Other Information 43 Item 6. Exhibits 44 Signatures 46 2 ITEM 1. Financial Statements (Amounts may not add or ...
TD Synnex Corp Q2: Multiple Growth Tailwinds Ahead
Seeking Alpha· 2024-06-28 19:03
SNX SNX reported 2Q24 revenue of $13.9 billion, missing consensus estimates by $200 million, but was within the guided range of $13.3 to $14.9 billion. By region, the Americas saw revenue of $8.6 billion, Europe saw revenue of $4.4 billion, and Asia-Pacific (incl. Japan) saw revenue of $964 million. By segment, Endopint Solutions [ES] saw revenue of $6.7 billion (flat vs. 2Q23), non-GAAP gross billings of $7.8 billion (1% growth vs. 2Q23), and goss profit of $341 million (5.1% gross nargin). In the Advanced ...
TD SYNNEX (SNX) Plunges 10% on Q2 Earnings and Revenue Miss
ZACKS· 2024-06-26 15:00
TD SYNNEX Corporation (SNX) shares plunged 9.6% on Tuesday after it reported weaker-than-expected second-quarter fiscal 2024 results. The company reported second-quarter non-GAAP earnings of $2.73 per share, which fell short of the Zacks Consensus Estimate of $2.76. Some better-ranked stocks from the broader technology sector are NVIDIA (NVDA) , Dropbox (DBX) and Zscaler (ZS) , each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks here. The Zack ...
TD SYNNEX (SNX) - 2024 Q2 - Earnings Call Transcript
2024-06-25 16:49
TD SYNNEX Corporation (NYSE:SNX) Q2 2024 Earnings Call Transcript June 25, 2024 9:00 AM ET Company Participants Liz Morali - Head of IR Rich Hume - CEO Patrick Zammit - COO Marshall Witt - CFO Conference Call Participants Michael Ng - Goldman Sachs Ruplu Bhattacharya - Bank of America Adam Tindle - Raymond James George Wang - Barclays David Vogt - UBS Matt Sheerin - Stifel Keith Housum - Northcoast Vincent Colicchio - Barrington Research Ashish Sabadra - RBC Capital Markets Alek Valero - Loop Capital Operat ...
TD SYNNEX (SNX) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-06-25 14:30
The reported revenue compares to the Zacks Consensus Estimate of $14.12 billion, representing a surprise of -1.19%. The company delivered an EPS surprise of -1.09%, with the consensus EPS estimate being $2.76. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Revenue- Americas: $8.56 billion versus the two-analyst average estimate of $ ...
TD SYNNEX (SNX) Misses Q2 Earnings and Revenue Estimates
ZACKS· 2024-06-25 14:21
TD SYNNEX (SNX) came out with quarterly earnings of $2.73 per share, missing the Zacks Consensus Estimate of $2.76 per share. This compares to earnings of $2.43 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates three times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the e ...
TD SYNNEX (SNX) - 2024 Q2 - Earnings Call Presentation
2024-06-25 14:00
| --- | --- | --- | --- | --- | --- | --- | |-----------|-------|--------------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Investor | | | | | | | | | | | | | | June 2024 | | Presentation | | | | | | | | | | | | | | | | | | | | | Safe harbor statement Statements in this presentation regarding TD SYNNEX that are not historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Ac ...
TD SYNNEX (SNX) - 2024 Q2 - Quarterly Results
2024-06-25 12:07
Exhibit 99.1 Consolidated Financial Highlights for the Fiscal 2024 Second Quarter: Regional Fiscal 2024 Second Quarter Highlights ◦ Operating margin was 2.1%, compared to 2.8% in the prior fiscal second quarter. Non-GAAP operating margin was 2.3%, compared to 3.0% in the prior fiscal second quarter. (1) TD SYNNEX announced today that its Board of Directors declared a quarterly cash dividend of $0.40 per common share. The dividend is payable on July 26, 2024 to stockholders of record as of the close of busin ...