TD Synnex Corp Q2: Multiple Growth Tailwinds Ahead

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 ...