TD SYNNEX (US:SNX) ZACKSยท2024-09-30 14:15Core Insights - TD SYNNEX's international operations are crucial for its financial strength and growth potential, with a significant portion of revenue derived from overseas markets [2][3] - The company's total revenue for the quarter ending August 2024 was $14.68 billion, reflecting a year-over-year increase of 5.2% [4] International Revenue Breakdown - Europe generated $4.59 billion in revenue, accounting for 31.3% of total revenue, surpassing the consensus estimate of $4.32 billion by 6.32% [5] - Asia-Pacific and Japan contributed $1 billion, representing 6.8% of total revenue, exceeding projections by 14.64% compared to the expected $875.38 million [6] Future Revenue Projections - Analysts project total revenue for the current fiscal quarter to reach $15.26 billion, a 5.9% increase from the same quarter last year, with Europe expected to contribute $5.47 billion (35.9%) and Asia-Pacific and Japan $897.41 million (5.9%) [7] - For the entire year, total revenue is forecasted at $57.17 billion, a slight decrease of 0.7% from the previous year, with Europe contributing $19.34 billion (33.8%) and Asia-Pacific and Japan $3.69 billion (6.5%) [8] Conclusion - The reliance on international markets presents both opportunities and challenges for TD SYNNEX, making it essential to monitor international revenue trends for future projections [9][10]